International Paper Co /New/ - Feb 9, 2022 Form 4 Insider Report for Sylvamo Corp (SLVM)

Role
10%+ Owner
Signature
/s/ Sharon R. Ryan, Senior Vice President and General Counsel
Stock symbol
SLVM
Transactions as of
Feb 9, 2022
Transactions value $
$0
Form type
4
Date filed
2/11/2022, 03:05 PM
Previous filing
Oct 1, 2021
Next filing
Apr 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLVM Common Stock, par value $1.00 per share Other $0 -31K -0.35% $0.00 8.75M Feb 9, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 30,985 shares of common stock of Sylvamo Corporation (the "Issuer") issued to International Paper Company ("IP") pursuant to the Separation and Distribution Agreement, dated September 29, 2021, between the Issuer and IP in connection with the spin-off of the Issuer. These shares were returned by IP to the Issuer, for no consideration, to reflect an immaterial adjustment in the number of outstanding IP shares on the spin-off record date.