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Magnera Corp Director's Dealing 2006

May 22, 2006

33036_dirs_2006-05-22_f6249fa2-b956-45be-ba7b-0b30a9ac660b.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: 2006-05-18

Reporting Person: GLATFELTER GEORGE H II (Director, Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-05-18 Common Stock M 51800 $12.3438 Acquired 51800 Direct
2006-05-18 Common Stock M 45300 $12.95 Acquired 97100 Direct
2006-05-18 Common Stock M 97100 $17.752 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-05-18 Stock Options (Right to buy) $0 M 45300 Disposed 2010-12-18 Common Stock (45300) Direct
2006-05-18 Stock Options (Right to buy) $12.3438 M 51800 Disposed 2008-12-17 Common Stock (51800) Direct