SEC Form 4 · accession 0001127602-17-010520
INTERNATIONAL PAPER CO /NEW/ · IP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William P Hoel
Officer — Senior Vice President
Period of report
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 12:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000051434
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 3, 2017 | S | 18,060 | $53.8064 | D | 137,020 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock UnitsF3 | — | Mar 6, 2017 | S | 3,673 | D | — | — | Common Stock | 3,673 | 0 | I |
Explanation of responses
- F1Represents the weighted average price for 18,060 shares sold within the range of $53.80 to $53.84. Information regarding the number of shares sold at each separate price will be made available from the reporting person upon request by the SEC, the issuer or its shareowners.
- F2Share numbers are rounded.
- F3Common stock units (units) held in the non-funded International Paper Company Deferred Compensation Savings Plan (DCSP) represent one share of International Paper common stock. The number of units varies as the price of the issuer's common stock varies, and the units are settled in cash upon termination of employment. This information is based on the reporting person's balance as of March 6, 2017.