Jeanmarie F. Desmond - Oct 15, 2021 Form 4 Insider Report for Sylvamo Corp (SLVM)

Role
Director
Signature
/s/Erin Raccah, attorney in fact for Jeanmarie F. Desmond
Stock symbol
SLVM
Transactions as of
Oct 15, 2021
Transactions value $
$0
Form type
4
Date filed
10/19/2021, 03:59 PM
Previous filing
Sep 14, 2021
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLVM Common Stock Award $0 +2.81K +9686.21% $0.00 2.84K Oct 15, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units (units) were awarded to the reporting person for service as a director for the 2021-2022 performance year. Each unit represents the right, subject to vesting, to receive one share of common stock. The units will vest on the earliest of: (i) May 16, 2022, (ii) the next annual shareholders meeting, (iii) death, (iv) disability, (v) retirement, or (vi) 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 Consists of: (i) the 2,809 stock units described in footnote (1) and (ii) 29 shares of common stock.