Matthew Barron - Mar 1, 2025 Form 4 Insider Report for Sylvamo Corp (SLVM)

Role
SVP, Chief Admin & Legal
Signature
/s/ St. John Daugherty, attorney in fact for Matthew L. Barron
Stock symbol
SLVM
Transactions as of
Mar 1, 2025
Transactions value $
-$389,659
Form type
4
Date filed
3/4/2025, 02:27 PM
Previous filing
Jan 28, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLVM Common Stock Award $0 +5.49K +22.29% $0.00 30.1K Mar 1, 2025 Direct F1
transaction SLVM Common Stock Award $0 +10.6K +35.16% $0.00 40.7K Mar 1, 2025 Direct F2
transaction SLVM Common Stock Tax liability -$390K -5.48K -13.47% $71.10 35.2K Mar 1, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, 2026, March 1, 2027, and March 1, 2028. 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.
F2 The reported securities represent performance-based restricted stock units ("PSUs") that vested and settled one-for-one in common stock on March 1, 2025, rounded to four decimal places. The PSUs were granted on February 22, 2022 under the issuer's long-term incentive plan, with vesting contingent upon the achievement of financial performance criteria.
F3 Represents shares withheld for taxes in connection with vesting of RSUs and PSUs, rounded to four decimal places. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).