Magnera Corp — Director's Dealing 2014

Dec 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2014-12-02

Reporting Person: RAPP MARTIN (Senior VP, Business Unit)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-02	Common Stock, Par Value $.01	M	12400	$25.31	Acquired	37412	Direct
2014-12-02	Common Stock, Par Value $.01	M	14400	$25.31	Acquired	51812	Direct
2014-12-02	Common Stock, Par Value $.01	M	15390	$25.31	Acquired	67202	Direct
2014-12-02	Common Stock, Par Value $.01	M	56890	$25.31	Acquired	124092	Direct
2014-12-02	Common Stock, Par Value $.01	M	25300	$25.31	Acquired	149392	Direct
2014-12-02	Common Stock, Par Value $.01	M	21860	$25.31	Acquired	171252	Direct
2014-12-02	Common Stock, Par Value $.01	F	32537	$25.31	Disposed	138715	Direct
2014-12-02	Common Stock, Par Value $.01	D	71459	$25.31	Disposed	67256	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-02	Stock Only Stock Appreciation Rights	$15.94	M	12400	Disposed	2017-03-07	Common Stock, Par Value $.01 (12400)	Direct
2014-12-02	Stock Only Stock Appreciation Rights	$14.78	M	14400	Disposed	2017-12-19	Common Stock, Par Value $.01 (14400)	Direct
2014-12-02	Stock Only Stock Appreciation Rights	$13.44	M	15390	Disposed	2018-03-05	Common Stock, Par Value $.01 (15390)	Direct
2014-12-02	Stock Only Stock Appreciation Rights	$9.91	M	56890	Disposed	2019-05-05	Common Stock, Par Value $.01 (56890)	Direct
2014-12-02	Stock Only Stock Appreciation Rights	$13.95	M	25300	Disposed	2020-03-03	Common Stock, Par Value $.01 (25300)	Direct
2014-12-02	Stock Only Stock Appreciation Rights	$12.56	M	21860	Disposed	2021-03-03	Common Stock, Par Value $.01 (21860)	Direct

Footnotes

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

F2: The Company grants SARs that are settled in stock. These units repesent the difference between the number of Stock-Only SARs granted, versus the number received in settlement or withheld for taxes.

F3: These SOSARs vest 1/3 in 2010, 2011, 2012 respectively.

F4: These SOSARs vest in thirds on the anniversary dates of the grant in 2012, 2013 and 2014 respectively.