WALTER WILLIAM G 4
4 · INTERNATIONAL PAPER CO /NEW/ · Filed Jun 2, 2010
Insider Transaction Report
Form 4
WALTER WILLIAM G
Director
Transactions
- Award
Restricted Stock Units
2010-06-02$23.23/sh+1,076.2$25,000→ 58,239 total(indirect: By Plan)Exercise: $0.00→ Common Stock (1,076.2 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("unit") is the economic equivalent of one share of International Paper Common Stock. The units are payable in cash on January 1 following the year in which the reporting person terminates service as a director. The units were awarded to the reporting person for service as chairman of the issuer's Management Development & Compensation Committee and as a member of the Audit & Finance Committee.
- [F2]Share numbers are rounded.