INTERNATIONAL PAPER CO /NEW/ 4
4 · INTERNATIONAL PAPER CO /NEW/ · Filed May 12, 2015
Insider Transaction Report
Form 4
Townsend John L III
Director
Transactions
- Award
Common Stock
2015-05-12$52.86/sh+2,857$151,021→ 42,614 total
Footnotes (2)
- [F1]The shares reported are awarded to the participant for service as a director for the 2015-2016 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (1) May 13, 2016, (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.