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 |
Id | Content |
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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. |