Stanley A. Askren - Jan 25, 2023 Form 4 Insider Report for Sylvamo Corp (SLVM)

Role: Director
Signature: Erin Raccah, attorney in fact for Stanley A. Askren
Stock symbol: SLVM
Transactions as of: Jan 25, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/27/2023, 02:13 PM
Previous filing: Dec 2, 2022
Next filing: Mar 21, 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	Deferred Stock Units	Award	$0	+29.1	+85.07%	$0.00	63.2	Jan 25, 2023	Common Stock	29.1		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of deferred stock units ("DSUs") granted to the reporting person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (the "Plan") in connection with the dividend paid on shares of Sylvamo Corporation common stock. Each DSU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock. Under the Plan, the DSUs settle according to the reporting person's election of either five (5) or ten (10) years upon the last day of the applicable Performance Year (as defined in the Plan), or if earlier, January of the next calendar year following the year in which the reporting person terminates service as a director. The number of DSUs has been rounded to 4 decimal points.

Content

Consists of deferred stock units ("DSUs") granted to the reporting person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (the "Plan") in connection with the dividend paid on shares of Sylvamo Corporation common stock. Each DSU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock. Under the Plan, the DSUs settle according to the reporting person's election of either five (5) or ten (10) years upon the last day of the applicable Performance Year (as defined in the Plan), or if earlier, January of the next calendar year following the year in which the reporting person terminates service as a director. The number of DSUs has been rounded to 4 decimal points.