Magnera Corp — Director's Dealing 2021

Feb 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Glatfelter Corp (GLT)
CIK: 0000041719
Period of Report: 2021-02-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-22	Common Stock, Par Value $.01	M	4788	$15.96	Acquired	51061	Direct
2021-02-22	Common Stock, Par Value $.01	F	1630	$15.96	Disposed	49431	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-22	Restricted Stock Units	$	A	449	Acquired	2021-02-22	Common Stock, Par Value $.01 (449)	Direct
2021-02-22	Restricted Stock Units	$	M	4788	Disposed	2021-02-22	Common Stock, Par Value $.01 (4788)	Direct

Footnotes

F1: These shares are being withheld to satisfy tax obligations.

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 02/22/2018 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.

F4: This grant vests in full, and all restrictions lapse, three years from the Grant Date.

F5: Not applicable to this transaction