David D. Petratis - May 16, 2024 Form 4 Insider Report for Sylvamo Corp (SLVM)

Role
Director
Signature
St. John Daugherty, attorney in fact for David D. Petratis
Stock symbol
SLVM
Transactions as of
May 16, 2024
Transactions value $
$265,096
Form type
4
Date filed
5/20/2024, 12:14 PM
Previous filing
May 1, 2024
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLVM Common Stock Award $265K +3.77K +21.19% $70.28 21.6K May 16, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities represent 1,779 time-based restricted stock units ("RSUs") and 1,993 RSUs that the reporting person elected to receive in lieu of a cash retainer. The RSUs will vest one-for-one in common stock on May 16, 2025 or the next annual shareowners meeting. The reporting person has elected to defer the settlement of vested RSUs until the first to occur of May 16, 2035, or the termination of his service as a director. The RSUs were granted to the reporting person on May 16, 2024, for his service as a director for the 2024-2025 performance year.