Townsend John L III 4
4 · INTERNATIONAL PAPER CO /NEW/ · Filed May 15, 2013
Insider Transaction Report
Form 4
Townsend John L III
Director
Transactions
- Award
Common Stock
2013-05-14$46.50/sh+2,925$136,013→ 36,804 total
Footnotes (2)
- [F1]The shares reported are awarded to the participant for service as a director for the 2013-2014 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (1) May 15, 2014, (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.