(IP)

Role: Director
Signature: /s/ Alan R. Haguewood, Attorney-in-Fact for Mr. Dorduncu
Issuer symbol: IP
Transactions as of: 09 May 2022
Transactions value $: $0
Form type: 4
Filing time: 10 May 2022, 16:29:34 UTC
Previous filing: 11 May 2021
Next filing: 11 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IP	Common Stock	Award	$0	+3.39K	+12.05%	$0.00	31.5K	09 May 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares reported were awarded to the participant for service as a director for the 2022-2023 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (1) May 9, 2023, (ii) death, (iii) disability, (iv) retirement or (v) resignation with the consent of the Board of Directors. In the event of a resignation, the award would be reduced pro rata based on length of service.
F2	Share numbers are rounded.

Content

The shares reported were awarded to the participant for service as a director for the 2022-2023 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (1) May 9, 2023, (ii) death, (iii) disability, (iv) retirement or (v) resignation with the consent of the Board of Directors. In the event of a resignation, the award would be reduced pro rata based on length of service.

Share numbers are rounded.