Magnera Corp — Director's Dealing 2010

Jan 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2009-12-31

Reporting Person: YANAVITCH WILLIAM T (V. P. Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-31	Common Stock, Par Value $.01	M	14000	$12.15	Acquired	14000	Direct
2009-12-31	Common Stock, Par Value $.01	F	4137	$12.15	Disposed	9863	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-31	Restricted	$0	M	14000	Disposed	2009-12-31	Common Stock, Par Value $.01 (14000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, Par Value $.01	1608	Indirect

Footnotes

F1: Restricted stock units correspond 1 for 1 with common stock.

F2: Restricted stock units vested on December 31, 2009 and 4,137 shares of common stock were delivered in settlement of taxes due thereon.