James P. Zallie - Apr 29, 2024 Form 4 Insider Report for Sylvamo Corp (SLVM)

Role
Director
Signature
Erin Raccah, attorney in fact for James P. Zallie
Stock symbol
SLVM
Transactions as of
Apr 29, 2024
Transactions value $
$911
Form type
4
Date filed
5/1/2024, 02:30 PM
Previous filing
Mar 5, 2024
Next filing
May 20, 2024

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 $911 +14.6 +12.27% $62.55 133 Apr 29, 2024 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 Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") previously 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 paid on shares of Sylvamo Corporation common stock. The DEUs 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.