Desmond Jeanmarie F. 4
4 · Sylvamo Corp · Filed Oct 19, 2023
Insider Transaction Report
Form 4
Sylvamo CorpSLVM
Desmond Jeanmarie F.
Director
Transactions
- Award
Deferred Stock Units
2023-10-17+39.471→ 55.191 total→ Common Stock (39.471 underlying)
Footnotes (1)
- [F1]Consists of deferred stock units ("DSUs") granted to the reporting person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors (the "Plan") in connection with a dividend declared on shares of Sylvamo Corporation common stock. Each DSU is the economic equivalent of one share of Sylvamo Corporation common stock. Under the Plan, the DSUs settle according to the reporting person's election of either five (5) or ten (10) years upon the last day of the applicable Performance Year (as defined in the Plan), or if earlier, January of the next calendar year following the year in which the reporting person terminates service as a director. The number of DSUs has been rounded to 4 decimal points.