INTERNATIONAL PAPER CO /NEW/ 4
4 · INTERNATIONAL PAPER CO /NEW/ · Filed Jul 12, 2006
Insider Transaction Report
Form 4
Balduino Michael J
Senior Vice President
Transactions
- Award
Common Stock Units
2006-07-10$32.75/sh+35$1,146→ 4,843 total(indirect: DCSP)→ Common Stock (35 underlying)
Footnotes (4)
- [F1]Share numbers are rounded.
- [F2]The International Paper Company Deferred Compensation Savings Plan (DCSP) is an unfunded deferred compensation plan. Deferrals are placed into various fund equivalents offered by the DCSP, including investments in common stock equivalents of International Paper (units).
- [F3]The units are converted to cash based on the stock price of International Paper's common stock at the time of conversion.
- [F4]Distributions from the DCSP are made when a participant retires, terminates employment, becomes permanently disabled or dies. All distributions are paid in cash.