Mark S. Sutton - Feb 12, 2024 Form 4 Insider Report for INTERNATIONAL PAPER CO /NEW/ (IP)

Signature
/s/ Amanda M. Jenkins, attorney-in-fact for Mark S. Sutton
Stock symbol
IP
Transactions as of
Feb 12, 2024
Transactions value $
-$2,446,233
Form type
4
Date filed
2/14/2024, 01:38 PM
Previous filing
Feb 5, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IP Common Stock Award $0 +179K +28.74% $0.00 801K Feb 12, 2024 Direct F1, F4
transaction IP Common Stock Tax liability -$2.45M -69.4K -8.66% $35.26 732K Feb 12, 2024 Direct F1, F5
holding IP Common Stock 143K Feb 12, 2024 By Family Trust F1, F2
holding IP Common Stock 97 Feb 12, 2024 By Plan F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share numbers rounded.
F2 Held in trust for the reporting person's children with the reporting person's spouse serving as trustee.
F3 Represents shares of International Paper common stock held through the International Paper Salaried Savings Plan. The information in this report is based on a plan statement as of February 8, 2024.
F4 Performance?Share Units ("PSUs") earned (including accrued dividend equivalents and an anti-dilution adjustment related to the spin-off of Sylvamo Corporation) are based on the achievement of pre-established performance?goals pursuant to a January 1, 2021 grant of?PSUs made under the 2021-2023 Performance Share Plan.
F5 Shares withheld to cover tax obligations due on the vesting of the earned PSUs described in footnote 1.

Remarks:

Power of Attorney on File.