Sec Form 4 Filing - Ribieras JeanMichel @ Sylvamo Corp - 2021-10-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Ribieras JeanMichel
2. Issuer Name and Ticker or Trading Symbol
Sylvamo Corp [ SLVM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chairman and CEO
(Last) (First) (Middle)
6400 POPLAR AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
10/15/2021
(Street)
MEMPHIS, TN38197
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/15/2021 A( 1 ) 102,336 A $ 0 107,923 ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ribieras JeanMichel
6400 POPLAR AVENUE
MEMPHIS, TN38197
X Chairman and CEO
Signatures
/s/ Erin Raccah, attorney in fact for Jean-Michel Ribieras 10/19/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The restricted stock units (units) reported were awarded to the insider under the Sylvamo Corporation 2021 Incentive Compensation Plan as a replacement for performance share units forfeited by the insider under the International Paper Performance Share Plan as a result of the spinoff of International Paper's global papers business to create Sylvamo Corporation. Each unit represents the right, subject to vesting, to receive one share of Sylvamo common stock. The units will vest as follows: (i) 33% on March 1, 2022; (ii) 33% on March 1, 2023; and (iii) 33% on March 1, 2024.
( 2 )Consists of: (i) the 102,336 units described in footnote (1) and (ii) 5,587 shares of Sylvamo common stock acquired in connection with the distribution of Sylvamo Corporation shares to all holders of International Paper stock on October 1, 2021, upon the spinoff of International Paper's global papers business to create Sylvamo Corporation.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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