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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
51434	International Paper Co W	IP	Paper Mills (2621)	130872805

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1341790	L Carol Roberts	C/O International Paper Company 6400 Poplar Avenue Memphis TN 38197	Senior Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-01-03	70,630	$0.00	281,884	No	4	A	Direct
Common Stock	Disposition	2011-01-03	10,000	$28.00	271,884	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	4,595	Indirect	By Ssp

Footnotes

Performance-based restricted stock acquired pursuant to a grant under the issuer's Performance Share Plan ("PSP"). PSP shares are earned over a three-year performance period based on pre-established performance objectives. Any difference between shares granted and shares earned at the end of the performance period will be reported upon payout in 2014.
Share numbers are rounded.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 14, 2010.
Represents shares of International Paper common stock held through the International Paper Salaried Savings Plan ("SSP"). This information is based on a plan statement as of November 30, 2010.