Magnera Corp — Director's Dealing 2020

Jun 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2020-06-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-08	Common Stock, Par Value $.01	M	13750	$18.18	Acquired	55526	Direct
2020-06-08	Common Stock, Par Value $.01	F	1221	$18.18	Disposed	54305	Direct
2020-06-08	Common Stock, Par Value $.01	D	9500	—	Disposed	44805	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-08	Stock Only Stock Appreciation Rights	$12.56	M	13750	Disposed	2021-03-03	Common Stock, Par Value $.01 (13750)	Direct

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

F4: These SOSARs vest in thirds on the anniversary dates of the grant in 2012, 2013 and 2014 respectively.