R. Ellis - Feb 12, 2024 Form 4 Insider Report for INTERNATIONAL PAPER CO /NEW/ (IP)

Role
Senior Vice President
Signature
/s/ Amanda M. Jenkins, attorney-in-fact for Clayton R. Ellis
Stock symbol
IP
Transactions as of
Feb 12, 2024
Transactions value $
-$101,690
Form type
4
Date filed
2/14/2024, 12:14 PM
Previous filing
Feb 5, 2024
Next filing
May 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IP Common Stock Award $0 +11.6K +16.43% $0.00 82.5K Feb 12, 2024 Direct F1, F3
transaction IP Common Stock Tax liability -$102K -2.88K -3.5% $35.26 79.6K Feb 12, 2024 Direct F1, F4
holding IP Common Stock 11.8K Feb 12, 2024 By Plan F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share numbers rounded.
F2 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 February 8, 2024.
F3 Performance?Share Units ("PSUs") earned (including accrued dividend equivalents and an anti-dilution adjustment related to the spin-off of Sylvamo Corporation) based on the achievement of pre-established performance?goals pursuant to a January 1, 2021 grant of?PSUs made under the 2021-2023 Performance Share Plan.
F4 Shares withheld to cover tax obligations due on the vesting of the earned PSUs described in footnote 1.

Remarks:

Power of Attorney on File.