REG - International Paper - Director/PDMR Shareholding

International Paper CoAnnouncement

02/04/2025 16:15

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RNS Number : 4087D  International Paper Company  02 April 2025

2 April 2025

International Paper Company (the "Company") - Transaction Notification

Grant of RSUs and PSUs

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")

Acquisitions of Restricted Stock Units and Performance Stock Units through the
Company's 2024 Long-Term Incentive Compensation Plan

International Paper Company (NYSE: IP; LSE: IPC), a global leader in
sustainable packaging solutions, announces the following transactions in
Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs")
undertaken by a PDMR of International Paper Company (the "Company").

PSUs have been granted to Lance T. Loeffler, Senior Vice President, Chief
Financial Officer, effective 1 April 2025, under the Company's 2025 Long-Term
Incentive Plan. The PSUs entitle Mr. Loeffler to receive Shares upon vesting
following certification of achievement of pre-established performance
objectives by the Management Development and Compensation Committee of the
Board of Directors. The PSUs fully vest after three years, subject to
continued employment and certification of performance objectives. Upon
vesting, the underlying number of Shares received may range from zero to 200
percent of the number of PSUs vested, based on the Company's performance on
the same terms and conditions as the Executive Leadership Team.

RSUs have been granted to Mr. Loeffler, effective 1 April 2025, as a one-time
2025 Inducement RSU Award. The one-time 2025 Inducement RSU Award will be
earned ratably over three years commencing on the first anniversary of the
grant, subject to continued service, with accelerated vesting upon an
involuntary termination without cause, voluntary termination for good reason,
death or disability.

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                                                        Lance T. Loeffler
 b)  Position / status                                           Senior Vice President, Chief Financial Officer
 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 shares of common stock of par value $1.00 each ("Shares")

                                                                 ISIN: US4601461035
 b)  Nature of the transaction                                   Grant of PSUs. Each PSU represents a contingent right to receive one Share.

 c)  Price(s) and                                                                                         Price(s)  Volumes

volume(s)

                                                                                                          $0.00     49,530
 d)  Aggregated information                                                                               N/A

     Aggregated volume Price
 e)  Date of the transaction                                                                              1 April 2025
 f)  Place of the transaction                                                                             Outside a trading venue

d)

Aggregated information

Aggregated volume Price

N/A

e)

Date of the transaction

1 April 2025

f)

Place of the transaction

Outside a trading venue

 

 1.                                Details of person discharging managerial responsibility ("PDMR") / person
                                   closely associated with them ("PCA")
 a)  Name                                                        Lance T. Loeffler
 b)  Position / status                                           Senior Vice President, Chief Financial Officer
 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      Shares of common stock of par value $1.00 each ("Shares")

                                                                 ISIN: US4601461035
 b)  Nature of the transaction                                   Grant of RSUs. Each RSU represents a contingent right to receive one Share.

 c)  Price(s) and                                                                                        Price(s)  Volumes

volume(s)

                                                                                                         $0        31,865
 d)  Aggregated information                                                                              N/A

     Aggregated volume Price
 e)  Date of the transaction                                                                             1 April 2025
 f)  Place of the transaction                                                                            Outside a trading venue

d)

Aggregated information

Aggregated volume Price

N/A

e)

Date of the transaction

1 April 2025

f)

Place of the transaction

Outside a trading venue

 

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