Magnera Corp — Director's Dealing 2016

Feb 29, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2016-02-25

Reporting Person: RAPP MARTIN (Senior VP, Bus.Unit Pres.-CFBU)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-25	Stock Only Stock Appreciation Rights	$17.27	A	34740	Acquired	2026-02-25	Common Stock, Par Value $.01 (34740)	Direct
2016-02-25	Performance Stock Award	$	A	7962	Acquired	2019-03-15	Common Stock, Par Value $.01 (7962)	Direct
2016-02-25	Stock Only Stock Appreciation Rights	$15.61	D	18530	Disposed	2022-03-06	Common Stock, Par Value $.01 (18530)	Direct
2016-02-25	Stock Only Stock Appreciation Rights	$15.61	A	18530	Acquired	2022-03-06	Common Stock, Par Value $.01 (18530)	Direct

Footnotes

F1: These SOSARs vest 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.

F5: Amendment of outstanding SAR resulting in deemed cancellation of SAR and re-grant of replacement SAR. The SAR was originally granted on March 6, 2012 and was amended to extend the post-termination exercise period from 3 months to 3 years.

F6: These SOSARs vest in thirds on the anniversary dates of the grant in 2013, 2014 and 2015 respectively.