Magnera Corp — Director's Dealing 2012

Mar 8, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2012-03-06

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-06	Stock Only Stock Appreciation Rights	$12.61	A	21730	Acquired	2022-03-06	Common Stock, Par Value $.01 (21730)	Direct
2012-03-06	Performance Stock Award	$	A	7590	Acquired	2015-03-15	Common Stock, Par Value $.01 (7590)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, Par Value $.01	298	Indirect

Footnotes

F1: These SOSARs vest in thirds on the anniversary dates of the grant in 2013, 2014 and 2015 respectively.

F2: Not applicable to this transaction

F3: PSA Award amount reflects a target number. Actual payout will range from 0% to 150% of target subject to attainment of performance goals.