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Sylvamo Corp — Director's Dealing 2024
Mar 5, 2024
31793_dirs_2024-03-05_c5471c13-670f-42f0-b8b4-40a28c672f34.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Sylvamo Corp (SLVM)
CIK: 0001856485
Period of Report: 2024-03-01
Reporting Person: Cleves Thomas A (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-01 | Common Stock | F | 2651.06 | $60.41 | Disposed | 50103.4985 | Direct |
| 2024-03-01 | Common Stock | A | 3419.00 | $0.00 | Acquired | 53522.4985 | Direct |
Footnotes
F1: Represents shares withheld for taxes in connection with vesting of RSUs. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
F2: The reported securities represent time-based restricted stock units ("RSUs") that settle one-for-one in common stock upon vesting. The RSUs will vest, subject to the reporting person's continued service, one-third on each of March 1, 2025, March 1, 2026, and March 1, 2027. Accelerated vesting of a prorated number of the RSUs would occur, based upon length of service during the RSU vesting period and subject to the RSU award terms and conditions, upon employment termination resulting in severance rights, resulting from a business divestiture, or due to death, disability or retirement.