Magnera Corp — Director's Dealing 2013

May 9, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2013-05-07

Reporting Person: MUKHERJEE DEBABRATA (Vice President, Business Unit)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-07	Common Stock, Par Value $.01	M	9700	$24.67	Acquired	18775	Direct
2013-05-07	Common Stock, Par Value $.01	M	11200	$24.67	Acquired	29975	Direct
2013-05-07	Common Stock, Par Value $.01	M	11970	$24.67	Acquired	41945	Direct
2013-05-07	Common Stock, Par Value $.01	M	74870	$24.67	Acquired	116815	Direct
2013-05-07	Common Stock, Par Value $.01	M	32560	$24.67	Acquired	149375	Direct
2013-05-07	Common Stock, Par Value $.01	M	17053	$24.67	Acquired	166428	Direct
2013-05-07	Common Stock, Par Value $.01	M	7446	$24.67	Acquired	173874	Direct
2013-05-07	Common Stock, Par Value $.01	F	34619	$24.67	Disposed	139255	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-07	Stock Only Stock Appreciation Rights	$15.94	M	9700	Disposed	2017-03-07	Common Stock, Par Value $.01 (9700)	Direct
2013-05-07	Stock Only Stock Appreciation Rights	$14.78	M	11200	Disposed	2017-12-19	Common Stock, Par Value $.01 (11200)	Direct
2013-05-07	Stock Only Stock Appreciation Rights	$13.44	M	11970	Disposed	2018-03-05	Common Stock, Par Value $.01 (11970)	Direct
2013-05-07	Stock Only Stock Appreciation Rights	$9.91	M	74870	Disposed	2019-05-05	Common Stock, Par Value $.01 (74870)	Direct
2013-05-07	Stock Only Stock Appreciation Rights	$13.95	M	32560	Disposed	2020-03-03	Common Stock, Par Value $.01 (32560)	Direct
2013-05-07	Stock Only Stock Appreciation Rights	$12.56	M	17053	Disposed	2021-03-03	Common Stock, Par Value $.01 (17053)	Direct
2013-05-07	Stock Only Stock Appreciation Rights	$15.61	M	7446	Disposed	2022-03-06	Common Stock, Par Value $.01 (7446)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, Par Value $.01	1127	Indirect

Footnotes

F1: These shares are being withheld to satisfy tax obligations.

F2: These SOSARs vest 1/3 in 2010, 2011, 2012 respectively.

F3: These SOSARs vest in thirds on the anniversary dates of the grant in 2012, 2013 and 2014 respectively.

F4: These SOSARs vest in thirds on the anniversary dates of the grant in 2013, 2014 and 2015 respectively.