Magnera Corp — Director's Dealing 2009

Dec 18, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2008-08-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-22	Common Stock, Par Value $.01	S	1700	$15.02	Disposed	238300	Indirect
2008-08-22	Common Stock, Par Value $.01	S	5000	$15.00	Disposed	233300	Indirect
2008-08-28	Common Stock, Par Value $.01	S	33000	$15.00	Disposed	200300	Indirect
2008-10-31	Common Stock, Par Value $.01	S	20000	$10.16	Disposed	180300	Indirect
2008-10-31	Common Stock, Par Value $.01	S	20000	$10.25	Disposed	160300	Indirect
2008-11-04	Common Stock, Par Value $.01	S	20000	$10.66	Disposed	140300	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, Par Value $.01	68397	Direct
Common Stock, Par Value $.01	4410	Indirect

Footnotes

F1: The reporting person is a trustee of the Irrevocable Trust of George H. Glatfelter dated 10/19/76 (the "1976 Trust") and disclaims beneficial ownership of the reported securities of P. H. Glatfelter Company (the "Company").

F2: As a co-trustee of the 1976 Trust, the reporting person was the indirect holder of 240,000 shares of Company common stock prior to the 1976 Trust's first sale of 1,700 shares of Company common stock on August 22, 2008. The transactions for the 1976 Trust which are reported on this Form 4 Report were executed by the other co-trustee of the 1976 Trust without the knowledge of the reporting person. Following the transactions reported on this Form 4 Report, the reporting person was the indirect holder of 140,300 shares of Company common stock owned by the 1976 Trust as of November 4, 2008.