Magnera Corp - Director's Dealing 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2016-03-21

Reporting Person: Hillard Samuel L. (Vice Pres., Corp Dev&Strategy)

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-21	Stock Only Stock Appreciation Rights	$19.38	A	63286	Acquired	2026-03-21	Common Stock, Par Value $.01 (63286)	Direct
2016-03-21	Performance Stock Award	$	A	15351	Acquired	2019-03-15	Common Stock, Par Value $.01 (15351)	Direct

F1: These SOSARs vest and become exercisable in thirds, on the anniversary dates of the grant in 2017, 2018 and 2019, respectively.

F2: Not applicable to this transaction

F3: PSA Award amount reflects a target number. Actual payout will range from 0% to 200% of target subject to attainment of performance goals.

F4: This is a Performance Share Award with a performance period of 1/1/2016-12/31/2017, and a one year vesting tail through 12/31/2018.