Rodrigo Davoli - 01 Mar 2025 Form 4/A - Amendment Insider Report for Sylvamo Corp (SLVM)

Role
SVP & GM, North America
Signature
/s/ St. John Daugherty, attorney in fact for Rodrigo Davoli
Issuer symbol
SLVM
Transactions as of
01 Mar 2025
Net transactions value
-$197,406
Form type
4/A - Amendment
Filing time
04 Mar 2025, 18:41:13 UTC
Date Of Original Report
04 Mar 2025
Previous filing
28 Jan 2025
Next filing
01 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLVM Common Stock Award $0 +3,638 +17% $0.000000 24,944 01 Mar 2025 Direct F1
transaction SLVM Common Stock Award $0 +7,557 +30% $0.000000 32,501 01 Mar 2025 Direct F2
transaction SLVM Common Stock Tax liability $197,406 -2,776 -8.5% $71.10 29,725 01 Mar 2025 Direct F3
* 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, one-third on each of March 1, 2026, March 1, 2027, and March 1, 2028. 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.
F2 The reported securities represent performance-based restricted stock units ("PSUs") that vested and settled one-for-one in common stock on March 1, 2025, rounded to four decimal places. The PSUs were granted on February 22, 2022 under the issuer's long-term incentive plan, with vesting contingent upon the achievement of financial performance criteria.
F3 Represents shares withheld for taxes in connection with vesting of RSUs and PSUs, rounded to four decimal places. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e). The number of shares withheld for taxes was misstated in the Form 4 previously filed on March 4, 2025. This Amended Form 4 is being filed to report the correct number of shares withheld for taxes.