Magnera Corp — Director's Dealing 2019

May 2, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2019-04-30

Reporting Person: ELDER DAVID C (Vice Pres, Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-30	Common Stock, Par Value $.01	M	40890	$15.78	Acquired	66383	Direct
2019-04-30	Common Stock, Par Value $.01	F	4443	$15.78	Disposed	61940	Direct
2019-04-30	Common Stock, Par Value $.01	D	25679	—	Disposed	36261	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-30	Stock Only Stock Appreciation Rights	$9.91	M	40890	Disposed	2019-05-05	Common Stock, Par Value $.01 (40890)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, Par Value $.01	2461	Indirect

Footnotes

F1: These shares are being withheld to satisfy tax obligations.

F2: The Company grants SARs that are settled in stock. These units repesent the difference between the number of Stock-Only SARs granted, versus the number received in settlement or withheld for taxes.

F3: Not applicable to this transaction