Magnera Corp — Director's Dealing 2020

May 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2020-05-07

Reporting Person: STEWART LEE C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-09	Common Stock, Par Value $.01	M	7592	$14.90	Acquired	69805	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-09	Restricted Stock Units	$	A	239	Acquired	2020-05-09	Common Stock, Par Value $.01 (239)	Direct
2020-05-09	Restricted Stock Units	$	M	7592	Disposed	2020-05-09	Common Stock, Par Value $.01 (7592)	Direct
2020-05-07	Restricted Stock Units	$	A	8128	Acquired	2021-05-07	Common Stock, Par Value $.01 (8128)	Direct

Footnotes

F1: Because the vesting occurred on a Saturday, the closing price on Friday, May 8, 2020 was applied.

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 May 9, 2019 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.

F4: Not applicable to this transaction