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Magnera Corp Director's Dealing 2005

May 3, 2005

33036_dirs_2005-05-03_12a4c90d-f598-4e0c-9404-c621e94e4797.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2005-05-02

Reporting Person: ILL RICHARD C (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-05-02 Common Stock, Par Value $.01 J 627 $11.69 Acquired 1691 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-05-02 Restricted $0 A 1326 Acquired 2008-04-29 Common Stock, Par Value $.01 (1326) Direct

Footnotes

F1: As part of the Director's compensation, each director receives a retainer of $11,000.00 semi-annually, 1/3 is paid in cash, and 2/3 in GLT stock. These shares represent the stock portion of this retainer.

F2: These shares are Restricted Stock Units (RSU's). The restriction on these stock units will lapse in three years, effective one day prior to the Company's Annual Shareholder's meeting.