Thomas A. Cleves - Oct 17, 2022 Form 4 Insider Report for Sylvamo Corp (SLVM)

Signature
/s/ Erin Raccah, attorney in fact for Thomas A. Cleves
Stock symbol
SLVM
Transactions as of
Oct 17, 2022
Transactions value $
$0
Form type
4
Date filed
10/19/2022, 03:49 PM
Previous filing
Sep 20, 2022
Next filing
Jan 27, 2023

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 SLVM Dividend Equivalent Units Award $0 +52.1 +69.47% $0.00 127 Oct 17, 2022 Common Stock 52.1 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") previously granted to the Reporting Person. The DEUs will vest and be settled on the same terms and conditions as the original RSUs to which they relate. Each DEU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock. The number of DEUs has been rounded to 4 decimal points.