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Magnera Corp Director's Dealing 2016

Feb 29, 2016

33036_dirs_2016-02-29_c1136ade-13bd-4d40-8c10-4e0d488bbe8e.zip

Director's Dealing

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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: JACUNSKI JOHN P (Exec VP, CFO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-02-25 Stock Only Stock Appreciation Rights $12.56 D 39300 Disposed 2021-03-03 Common Stock, Par Value $.01 (39300) Direct
2016-02-25 Stock Only Stock Appreciation Rights $12.56 A 39300 Acquired 2021-03-03 Common Stock, Par Value $.01 (39300) Direct
2016-02-25 Stock Only Stock Appreciation Rights $15.61 D 33790 Disposed 2022-03-06 Common Stock, Par Value $.01 (33790) Direct
2016-02-25 Stock Only Stock Appreciation Rights $15.61 A 33790 Acquired 2022-03-06 Common Stock, Par Value $.01 (33790) Direct
2016-02-25 Stock Only Stock Appreciation Rights $17.27 A 72639 Acquired 2026-02-25 Common Stock, Par Value $.01 (72639) Direct
2016-02-25 Performance Stock Award $ A 16647 Acquired 2019-03-15 Common Stock, Par Value $.01 (16647) Direct

Footnotes

F1: Amendment of outstanding SAR resulting in deemed cancellation of SAR and re-grant of replacement SAR. The SAR was originally granted on March 3, 2011 and was amended to extend the post-termination exercise period from 3 months to 3 years.

F2: These SOSARs vest in thirds on the anniversary dates of the grant in 2012, 2013 and 2014 respectively.

F3: 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.

F4: These SOSARs vest in thirds on the anniversary dates of the grant in 2013, 2014 and 2015 respectively.

F5: These SOSARs vest in thirds on the anniversary dates of the grant in 2017, 2018 and 2019, respectively.

F6: Not applicable to this transaction

F7: PSA Award amount reflects a target number. Actual payout will range from 0% to 200% of target subject to attainment of performance goals.

F8: 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.