Magnera Corp — Director's Dealing 2019

May 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2019-05-03

Reporting Person: Fogarty Kevin Michael (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-03	Common Stock, Par Value $.01	M	7042	$15.77	Acquired	29708	Direct
2019-05-03	Common Stock, Par Value $.01	M	234	$15.77	Acquired	29942	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-03	Restricted Stock Units	$	A	234	Acquired	2019-05-03	Common Stock, Par Value $.01 (234)	Direct
2019-05-03	Restricted Stock Units	$	M	7042	Disposed	2019-05-03	Common Stock, Par Value $.01 (7042)	Direct
2019-05-03	Restricted Stock Units	$	M	234	Disposed	2019-05-03	Common Stock, Par Value $.01 (234)	Direct

Footnotes

F1: These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 5/3/2018 Director RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.

F2: Not applicable to this transaction

F3: Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.