R. Ellis - Jan 1, 2024 Form 4 Insider Report for INTERNATIONAL PAPER CO /NEW/ (IP)

Signature
/s/ Amanda M. Jenkins, attorney-in-fact for Clayton R. Ellis
Stock symbol
IP
Transactions as of
Jan 1, 2024
Transactions value $
$0
Form type
4
Date filed
1/3/2024, 03:00 PM
Previous filing
Feb 7, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IP Common Stock Award $0 +20K +44.49% $0.00 64.9K Jan 1, 2024 Direct F1, F2
transaction IP Common Stock Award $0 +6.53K +10.05% $0.00 71.5K Jan 1, 2024 Direct F2, F3, F4
holding IP Common Stock 11.8K Jan 1, 2024 By Plan F2, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding IP Common Stock Units 6.52K Jan 1, 2024 Common Stock 6.52K By Plan F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2024 Retention Restricted Stock Unit Award granted on January 1, 2024. This award fully vests on January 1, 2026, subject to continued employment through such date, with accelerated vesting in certain circumstances, including following an Involuntary Termination for reasons other than for Cause as defined in the Company's Amended and Restated 2009 Incentive Compensation Plan.
F2 Share numbers rounded.
F3 2024 Restricted Stock Unit Award granted on January 1, 2024. One third of the grant vests on each of February 1, 2025, February 1, 2026, and February 1, 2027.
F4 The total amount reported includes previously credited dividend equivalents acquired on December 15, 2023. Dividend equivalents are acquired pursuant to a dividend reinvestment feature of the Company's Long-Term Incentive Plan. Dividends vest at the same time as the award to which they relate.
F5 Represents shares of International Paper common stock held through the International Paper Salaried Savings Plan. The information in this report is based on a plan statement as of December 15, 2023.
F6 Represents common stock units (units) held in the non-funded International Paper Company Deferred Compensation Savings Plan. Each unit represents one share of International Paper common stock. The number of units will vary as the price of the issuer's common stock varies. The units will settle in cash upon termination of employment. The information in this report is based on the reporting person's balance as of December 15, 2023.

Remarks:

Power of Attorney on File.