Magnera Corp — Director's Dealing 2005

Feb 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2005-02-01

Reporting Person: DEBENEDICTIS NICHOLAS (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-01	Phantom Stock	$13.8	L	30.578	Acquired		Common Stock, Par Value $.01 (30.578)	Direct

Footnotes

F2: These shares will expire at Directors retirement.

F1: These Phantom Shares will not be exercised, but will convert to cash at the Directors retirement.