Magnera Corp — Director's Dealing 2020

Feb 7, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLATFELTER P H CO (GLT)
CIK: 0000041719
Period of Report: 2020-02-06

Reporting Person: Astley Christopher W. (SVP, Chief Commercial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-06	Common Stock, Par Value $.01	M	8000	$17.87	Acquired	30310	Direct
2020-02-06	Common Stock, Par Value $.01	F	906	$17.87	Disposed	29404	Direct
2020-02-06	Common Stock, Par Value $.01	D	5337	—	Disposed	24067	Direct
2020-02-06	Common Stock, Par Value $.01	M	20710	$17.87	Acquired	44777	Direct
2020-02-06	Common Stock, Par Value $.01	F	1905	$17.87	Disposed	42872	Direct
2020-02-06	Common Stock, Par Value $.01	D	14557	—	Disposed	28315	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-06	Stock Only Stock Appreciation Rights	$11.92	M	8000	Disposed	2020-07-23	Common Stock, Par Value $.01 (8000)	Direct
2020-02-06	Stock Only Stock Appreciation Rights	$12.56	M	20710	Disposed	2021-03-03	Common Stock, Par Value $.01 (20710)	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 2011, 2012 and 2013, respectively.

F5: These SOSARs vest in thirds on the anniversary dates of the grant in 2012, 2013 and 2014 respectively.