Magnera Corp — Director's Dealing 2021

Feb 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Glatfelter Corp (GLT)
CIK: 0000041719
Period of Report: 2021-02-15

Reporting Person: Sevoz Philippe (VP, Global Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-15	Common Stock, Par Value $.01	A	247	$16.42	Acquired	1393	Direct
2021-02-15	Common Stock, Par Value $.01	F	50	$16.42	Disposed	1343	Direct
2021-02-22	Common Stock, Par Value $.01	M	531	$15.96	Acquired	1874	Direct
2021-02-22	Common Stock, Par Value $.01	F	106	$15.96	Disposed	1768	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-22	Restricted Stock Units	$	A	49	Acquired	2021-02-22	Common Stock, Par Value $.01 (49)	Direct
2021-02-22	Restricted Stock Units	$	M	531	Disposed	2021-02-22	Common Stock, Par Value $.01 (531)	Direct

Footnotes

F1: These shares were received in settlement of a Performance Share Award granted on February 22, 2018.

F2: Because the payout occurred on a federal holiday (Monday, February 15, 2021), the value of the shares was determined using the closing price of the previous business day (Friday, February 12, 2021).

F3: These shares are being withheld to satisfy tax obligations.

F4: Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.

F5: These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 02/22/2018 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.

F6: Not applicable to this transaction