Magnera Corp — Director's Dealing 2017

Feb 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2017-02-23

Reporting Person: Matsumoto Kent K. (VP, Gnl. Counsel & Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-23	Performance Stock Award	$	A	9774	Acquired	2020-03-15	Common Stock, Par Value $.01 (9774)	Direct
2017-02-23	Restricted Stock Units	$	A	6516	Acquired	2020-02-23	Common Stock, Par Value $.01 (6516)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, Par Value $.01	576	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Stock Award	$	2017-02-23	Common Stock, Par Value $.01 (0)	0	Direct

Footnotes

F1: Not applicable to this transaction

F2: PSA Award amount reflects a target number. Actual payout will range from 0% to 200% of target subject to attainment of performance goals.

F3: This is a Performance Share Award with a performance period of 1/1/2017-12/31/2018, and a one year vesting tail through 12/31/2019.

F4: Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.

F5: Date of Board determination of Performance Share Award payout percentage.

F6: Company performance targets for 3,450 PSAs granted 2/26/2014 were not met, so grant will expire with no payout.