Magnera Corp — Director's Dealing 2013

Mar 7, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2013-03-05

Reporting Person: ELDER DAVID C (Vice Pres, Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-05	Common Stock, Par Value $.01	A	1260	$18.36	Acquired	7767	Direct
2013-03-05	Common Stock, Par Value $.01	F	380	$18.36	Disposed	7387	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-05	Stock Only Stock Appreciation Rights	$18.36	A	15440	Acquired	2023-03-05	Common Stock, Par Value $.01 (15440)	Direct
2013-03-05	Performance Stock Award	$	A	4830	Acquired	2016-03-15	Common Stock, Par Value $.01 (4830)	Direct

Footnotes

F1: These are Restricted Stock Units (RSUs) granted on March 5, 2008, on which all restrictions lapsed on March 5, 2013. RSUs correspond 1 for 1 with common stock.

F2: These shares are being withheld to satisfy tax obligations.

F3: These SOSARs vest in thirds on the anniversary dates of the grant in 2014, 2015 and 2016, respectively.

F4: Not applicable to this transaction

F5: PSA Award amount reflects a target number. Actual payout will range from 0% to 150% of target subject to attainment of performance goals.