Magnera Corp — Director's Dealing 2011

May 5, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2011-05-04

Reporting Person: Astley Christopher W. (VP Corporate Strategy)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, Par Value $.01	54	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0	2015-07-23	Common Stock, Par Value $.01 (1500)		Direct
Stock Only Stock Appreciation Rights	$11.92	2020-07-23	Common Stock, Par Value $.01 (8000)		Direct
Performance Stock Award	$0	2014-03-15	Common Stock, Par Value $.01 (5780)		Direct
Stock Only Stock Appreciation Rights	$12.56	2021-03-03	Common Stock, Par Value $.01 (20710)		Direct

Footnotes

F1: These SOSARs vest in thirds on the anniversary dates of the grant in 2011, 2012 and 2013, respectively.

F2: These SOSARs vest in thirds on the anniversary dates of the grant in 2012, 2013 and 2014 respectively.