WALTER WILLIAM G 4
4 · INTERNATIONAL PAPER CO /NEW/ · Filed May 12, 2011
Insider Transaction Report
Form 4
WALTER WILLIAM G
Director
Transactions
- Award
Restricted Stock Units
2011-05-10$32.21/sh+7,699$247,985→ 67,234 total(indirect: By Plan)Exercise: $0.00→ Common Stock (7,699 underlying)
Footnotes (2)
- [F1]The units reported were awarded to the reporting person for service as a director for the 2011-2012 performance year. Restricted stock units (units) held in the Restricted Stock and Deferred Compensation Plan for Non-Employee Directors represent one share of International Paper Common Stock. The units are settled in cash on January 1 following the year in which the reporting person terminates service as a director.
- [F2]Share numbers are rounded.