Townsend John L III 4
4 · INTERNATIONAL PAPER CO /NEW/ · Filed May 12, 2010
Insider Transaction Report
Form 4
Townsend John L III
Director
Transactions
- Award
Common Stock
2010-05-10$23.16/sh+5,181$119,992→ 25,097 total
Footnotes (1)
- [F1]The shares reported are awarded to the participant for service as a director for the 2010-2011 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (1) May 10, 2011, (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.