Magnera Corp — Director's Dealing 2020

Nov 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Glatfelter Corp (GLT)
CIK: 0000041719
Period of Report: 2020-11-01

Reporting Person: Hackett Darrel H. (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-01	Restricted Stock Units	$	A	4030	Acquired	2021-05-07	Common Stock, Par Value $.01 (4030)	Direct

Footnotes

F1: Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.

F2: Represents 50% of the normal annual director grant value for 6 months of service from appointment date to the date of the next regular annual meeting of shareholders.

F3: Because the grant date occurred on a Sunday, the closing price on Friday, October 30, 2020 was used to determine the number of RSUs awarded.

F4: This prorated grant vests and all restrictions lapse on May 7, 2021, the vesting date of the original 2020 grant issued to Directors at the 2020 Annual Meeting.