Townsend John L III 4
4 · INTERNATIONAL PAPER CO /NEW/ · Filed May 13, 2009
Insider Transaction Report
Form 4
Townsend John L III
Director
Transactions
- Award
Common Stock
2009-05-11$14.36/sh+8,357$120,007→ 19,916 total
Footnotes (2)
- [F1]The shares reported were awarded to the reporting person for his service as a director for the 2009-2010 performance year.
- [F2]Shares become free of restrictions and non-forfeitable on the earliest of: (i) May 11, 2010, (ii) death, (iii) disability, (iv) retirement or (v) resignation with the consent of the Board of Directors. In the event of a resignation, the award would be reduced pro rata based on length of service.