4//SEC Filing
Cleves Thomas A 4
Accession 0001562180-21-006509
CIK 0001856485other
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 2:41 PM ET
Size
5.6 KB
Accession
0001562180-21-006509
Insider Transaction Report
Form 4
Sylvamo CorpSLVM
Cleves Thomas A
SVP, Corporate Affairs
Transactions
- Award
Common Stock
2021-10-15+22,487→ 23,660 total
Footnotes (2)
- [F1]The restricted stock units (units) reported were awarded to the insider under the Sylvamo Corporation 2021 Incentive Compensation Plan as a replacement for performance share units forfeited by the insider under the International Paper Performance Share Plan as a result of the spinoff of International Paper's global papers business to create Sylvamo Corporation. Each unit represents the right, subject to vesting, to receive one share of Sylvamo common stock. The units will vest as follows: (i) 33% on March 1, 2022; (ii) 33% on March 1, 2023; and (iii) 33% on March 1, 2024.
- [F2]Consists of: (i) the 22,487 units described in footnote (1) and (ii) 1,173 shares of Sylvamo common stock acquired in connection with the distribution of Sylvamo Corporation shares to all holders of International Paper stock on October 1, 2021, upon the spinoff of International Paper's global papers business to create Sylvamo Corporation.
Documents
Issuer
Sylvamo Corp
CIK 0001856485
Entity typeother
Related Parties
1- filerCIK 0001878690
Filing Metadata
- Form type
- 4
- Filed
- Oct 18, 8:00 PM ET
- Accepted
- Oct 19, 2:41 PM ET
- Size
- 5.6 KB