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Magnera Corp Director's Dealing 2006

May 2, 2006

33036_dirs_2006-05-02_720cffad-abc1-4811-b013-df85cba7c30a.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: 2006-05-01

Reporting Person: ILL RICHARD C (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-05-01 Common Stock, Par Value $.01 A 388 $18.86 Acquired 2622 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-05-01 Restricted $0 A 814 Acquired 2009-04-28 Common Stock, Par Value $.01 (814) 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.