Breves Christine S 4
4 · Sylvamo Corp · Filed May 1, 2025
Insider Transaction Report
Form 4
Sylvamo CorpSLVM
Breves Christine S
Director
Transactions
- Award
Dividend Equivalent Units
2025-04-29$60.50/sh+13.454$814→ 116.672 total→ Common Stock (13.454 underlying) - Award
Deferred Stock Units
2025-04-29$60.50/sh+41.538$2,513→ 292.055 total→ Common Stock (41.538 underlying)
Footnotes (2)
- [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.
- [F2]Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") and/or deferred stock units ("DSUs") previously granted to the Reporting Person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors ("Plan"), in connection with a dividend paid on shares of Sylvamo Corporation common stock. The DEUs will vest and be settled on the same terms and conditions as the original RSUs or DSUs to which they relate. Each DEU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock. The number of DEUs has been rounded to 4 decimal points.