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 | +28.3 | $0.00 | 28.3 | Jul 27, 2023 | Common Stock | 28.3 | Direct | F1 | ||
holding | SLVM | Dividend Equivalent Units | 73.4 | Jul 27, 2023 | Common Stock | 73.4 | Direct | F2 |
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 a dividend declared on shares of Sylvamo Corporation common stock. Each DSU is the economic equivalent of 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. |
F2 | Consists of dividend equivalent units ("DEUs") previously accrued on restricted stock units ("RSUs") and previously reported on a Form 4 filed with the Securities and Exchange Commission, which 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. |