Jeanmarie F. Desmond - Apr 27, 2023 Form 4 Insider Report for Sylvamo Corp (SLVM)

Role
Director
Signature
/s/St. John Daugherty, attorney in fact for Jeanmarie F. Desmond
Stock symbol
SLVM
Transactions as of
Apr 27, 2023
Transactions value $
$0
Form type
4
Date filed
5/1/2023, 05:39 PM
Previous filing
Jan 27, 2023
Next filing
May 17, 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 +14.6 +47.85% $0.00 45.1 Apr 27, 2023 Common Stock 14.6 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 3 decimal points.