Kevin W. Ferguson - Sep 1, 2024 Form 4 Insider Report for Sylvamo Corp (SLVM)

Signature
/s/ Erin Raccah, attorney in fact for Kevin W. Ferguson
Stock symbol
SLVM
Transactions as of
Sep 1, 2024
Transactions value $
$0
Form type
4
Date filed
9/4/2024, 11:12 AM
Previous filing
Jul 31, 2024
Next filing
Oct 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLVM Common Stock Award $0 +1.5K +37.71% $0.00 5.48K Sep 1, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities represent time-based restricted stock units ("RSUs") that settle one-for-one in common stock upon vesting. The RSUs will vest, subject to the reporting person's continued service, as follows: 300 units vest on September 1, 2025; 300 units vest on September 1, 2026; 900 units vest on September 1, 2027. Accelerated vesting of a prorated number of the RSUs would occur, based upon length of service during the RSU vesting period and subject to the RSU award terms and conditions, upon employment termination resulting in severance rights, resulting from a business divestiture, or due to death, disability or retirement.