Magnera Corp — Director's Dealing 2019

Feb 28, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2019-02-26

Reporting Person: Astley Christopher W. (Senior VP, Bus. Unit Pres-AMBU)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-26	Common Stock, Par Value $.01	F	3592	$13.85	Disposed	14019	Direct
2019-02-26	Common Stock, Par Value $.01	M	11731	$13.85	Acquired	25750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-26	Restricted Stock Units	$	A	1360	Acquired	2019-02-26	Common Stock, Par Value $.01 (1360)	Direct
2019-02-26	Restricted Stock Units	$	M	11731	Disposed	2019-02-26	Common Stock, Par Value $.01 (11731)	Direct

Footnotes

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

F2: Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.

F3: These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 2/26/2014 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.

F4: This grant vests, and all restrictions lapse, five years from the date of grant.