(IP)

Role: Director
Signature: /s/ Alan R. Haguewood, Attorney-in-Fact for Ilene S. Gordon
Stock symbol: IP
Transactions as of: May 9, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/10/2022, 04:31 PM
Previous filing: May 6, 2022
Next filing: Feb 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IP	Common Stock	Award	$0	+7.36K	+10.84%	$0.00	75.3K	May 9, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares reported are awarded to the participant for service as a director for the 2022-2023 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (1) May 9, 2023, (ii) death, (iii) disability, (iv) retirement or (v) resignation with the consent of the Board of Directors. In the event of a resignation, the award would be reduced pro rata based on length of service.
F2	Share numbers are rounded.

Content

The shares reported are awarded to the participant for service as a director for the 2022-2023 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (1) May 9, 2023, (ii) death, (iii) disability, (iv) retirement or (v) resignation with the consent of the Board of Directors. In the event of a resignation, the award would be reduced pro rata based on length of service.

Share numbers are rounded.