Karl L. Meyers - May 15, 2023 Form 4 Insider Report for Sylvamo Corp (SLVM)

Role
Director
Signature
Erin Raccah, attorney in fact for Karl L. Meyers
Stock symbol
SLVM
Transactions as of
May 15, 2023
Transactions value $
$0
Form type
4
Date filed
5/17/2023, 12:54 PM
Previous filing
Mar 13, 2023
Next filing
Jul 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLVM Common Stock Award $0 +1.1K +11.04% $0.00 11.1K May 15, 2023 Direct F1
transaction SLVM Common Stock Award $0 +5.33K +48.04% $0.00 16.4K May 16, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities represent 613 time-based restricted stock units ("RSUs") that vested one-for-one in common stock on May 15, 2023 and 491 RSUs that the reporting person elected to receive in lieu of a cash retainer. The reported securities were granted to the reporting person on May 15, 2023 for his service as a director for a portion of the 2022-2023 performance year. The reporting person has elected to defer settlement of the RSUs until the first to occur of May 15, 2028, or the termination of his service as a director.
F2 The reported securities represent 2,963 RSUs, vesting one-for-one in common stock on May 16, 2024 or the next annual shareowners meeting, and 2,371 RSUs that the reporting person elected to receive in lieu of a cash retainer. The reported securities were granted to the reporting person on May 16, 2023 for his service as a director for the 2023-2024 performance year. The reporting person has elected to defer the settlement of vested RSUs until the first to occur of May 16, 2029, or the termination of his service as a director.