Lizanne C. Gottung - Oct 17, 2022 Form 4 Insider Report for Sylvamo Corp (SLVM)

Role
Director
Signature
Erin Raccah, attorney in fact for Lizanne C. Gottung
Stock symbol
SLVM
Transactions as of
Oct 17, 2022
Transactions value $
$0
Form type
4
Date filed
10/19/2022, 04:15 PM
Previous filing
Sep 21, 2022
Next filing
Dec 16, 2022

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 +6.76 +69.44% $0.00 16.5 Oct 17, 2022 Common Stock 6.76 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents dividend equivalent units ("DEUs") accrued on time-based restricted stock units ("RSUs") previously granted to the reporting person. The DEUs will vest and settle one-for-one in Sylvamo Corporation common stock on the same terms and conditions as the RSUs to which they relate. Each DEU represents the right to receive, subject to vesting, one share of common stock. The number of DEUs accrued has been rounded to 4 decimal points.