Joseph R. Saab - 01 Jan 2023 Form 4 Insider Report for INTERNATIONAL PAPER CO /NEW/ (IP)

Role
SVP, GC and Corp. Secretary
Signature
/s/ Amanda M. Jenkins, attorney-in-fact for Joseph R. Saab
Issuer symbol
IP
Transactions as of
01 Jan 2023
Net transactions value
-$211,190
Form type
4
Filing time
20 Sep 2023, 20:51:11 UTC
Previous filing
11 Jul 2022
Next filing
07 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IP Common Stock Award $0 +7,565 +380% $0.000000 9,554 01 Jan 2023 Direct F1, F3, F4
holding IP Common Stock 11,999 01 Jan 2023 By Plan F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IP Common Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $211,190 -6,102 -100% $34.61 0 19 Sep 2023 Common Stock 6,102 By Plan F1, F5, F6, F7, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share numbers rounded.
F2 Represents shares of Company common stock held through the International Paper Salaried Savings Plan. The information in this report is based on a plan statement as of September 15, 2023.
F3 2023 Restricted Stock Unit Award granted on January 1, 2023. One third of the grant vests on each of February 1, 2024, February 1, 2025, and February 1, 2026.
F4 The amount reported includes previously credited dividend equivalents acquired on March 15, 2023, June 15, 2023, and September 15, 2023. Dividend equivalents are acquired pursuant to a dividend reinvestment feature of the 2023 Long-Term Incentive Plan. Dividends vest at the same time as the award to which they relate.
F5 Held in the non-funded International Paper Company Deferred Compensation Savings Plan.
F6 Each common stock unit ("unit") is the economic equivalent of one share of International Paper common stock. Units settle in cash upon termination of employment.
F7 The reporting person reallocated investments in his investment portfolio.
F8 Includes units acquired through periodic contributions and dividends since the reporting person's last Table II ownership report.
F9 Total amount reported based on an account statement as of September 20, 2023.

Remarks:

Power of Attorney on file.