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RNS Number : 8825Z International Paper Company 07 March 2025
7 March 2025
International Paper Company (the "Company") - Transaction Notification
Grant of Restricted Stock
PDMR Dealing
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES ("PDMRs") IN SHARES OF COMMON STOCK OF PAR VALUE $1.00 EACH
IN THE COMPANY ("Shares")
Grant of Restricted Stock through the Company's Restricted Stock and Deferred
Compensation Plan for Non-Employee Directors
International Paper Company (NYSE: IP; LSE: IPC), a global leader in
sustainable packaging solutions announces the following transactions in
restricted stock ("Restricted Stock"), representing contingent rights to
acquire a Share, undertaken by a PDMR of International Paper Company (the
"Company").
Restricted Stock has been granted to David A. Robbie, a member of our Board of
Directors, effective 6 March 2025, under the Company's Restricted Stock and
Deferred Compensation Plan for Non-Employee Directors, a sub-plan of the
Company's 2024 Long-Term Incentive Compensation Plan. The Restricted Stock was
awarded to Mr. Robbie for service as a director for the 2024-2025 performance
year, prorated from his appointment date, 11 February 2025, through 30 April
2025. Shares become free of restrictions and non-forfeitable on the earliest
of: (1) 13 May 2025, (ii) death, (iii) disability, (iv) retirement and (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.
The notifications set out below are made in accordance with the requirements
of Article 19 of the UK Market Abuse Regulation.
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with them ("PCA")
a) Name David A. Robbie
b) Position / status Non-Executive Director
c) Initial notification / amendment Initial Notification
2. Details of the issuer
a) Name International Paper Company
b) LEI 824LMFJDH41EY779Q875
3. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description and identifier of the financial instrument International Paper Company shares of common stock of par value $1.00 each
("Shares")
ISIN: US4601461035
b) Nature of the transaction Grant of Restricted Stock. Each Share of Restricted Stock represents a
contingent right to receive one Share.
c) Price(s) and Price(s) Volume(s)
volume(s)
$0.00 1,065 Shares of Restricted Stock
d) Aggregated information N/A - single transaction
Aggregated volume price
e) Date of the transaction 6 March 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Aggregated volume price
N/A - single transaction
e)
Date of the transaction
6 March 2025
f)
Place of the transaction
Outside a trading venue
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