Magnera Corp — Director's Dealing 2015

May 8, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2015-05-06

Reporting Person: SMOOT RICHARD L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-06	Common Stock, Par Value $.01	M	5330	$24.72	Acquired	23909	Direct
2015-05-07	Common Stock, Par Value $.01	M	3223	$24.60	Acquired	27132	Direct
2015-05-07	Common Stock, Par Value $.01	M	3436	$24.60	Acquired	30568	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-06	Restricted Stock Units	$	M	5330	Disposed	2015-05-05	Common Stock, Par Value $.01 (5330)	Direct
2015-05-07	Restricted Stock Units	$0	M	3223	Disposed	2016-05-09	Common Stock, Par Value $.01 (3223)	Direct
2015-05-07	Restricted Stock Units	$	M	3436	Disposed	2017-05-01	Common Stock, Par Value $.01 (3436)	Direct

Footnotes

F1: Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.

F2: This grant vests one-third on 5/8/2013, one-third on 5/8/2014, and the final one-third vests, and all restrictions lapse, on the day prior to the 2015 Annual Meeting, or approximately 5/5/2015.

F3: The vesting of these shares is accelerated to 5/7/2015 due to the insider's retirement on that date.