Magnera Corp — Director's Dealing 2014

Nov 17, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2014-11-14

Reporting Person: PARRINI DANTE C (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-14	Common Stock, Par Value $.01	M	36900	$26.80	Acquired	106851	Direct
2014-11-14	Common Stock, Par Value $.01	M	42800	$26.80	Acquired	149651	Direct
2014-11-14	Common Stock, Par Value $.01	F	15739	$26.80	Disposed	133912	Direct
2014-11-14	Common Stock, Par Value $.01	D	45552	$26.80	Disposed	88360	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-14	Stock Only Stock Appreciation Rights	$15.94	M	36900	Disposed	2017-03-07	Common Stock, Par Value $.01 (36900)	Direct
2014-11-14	Stock Only Stock Appreciation Rights	$14.78	M	42800	Disposed	2017-12-19	Common Stock, Par Value $.01 (42800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, Par Value $.01	6304	Indirect

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.