Townsend John L III 4
4 · INTERNATIONAL PAPER CO /NEW/ · Filed May 10, 2012
Insider Transaction Report
Form 4
Townsend John L III
Director
Transactions
- Award
Common Stock
2012-05-08$32.13/sh+4,046$129,998→ 33,879 total
Footnotes (2)
- [F1]The shares reported are awarded to the participant for service as a director for the 2012-2013 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (1) May 9, 2013, (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.
- [F2]Share numbers are rounded.