Magnera Corp — Director's Dealing 2022

Mar 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Glatfelter Corp (GLT)
CIK: 0000041719
Period of Report: 2022-02-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-28	Common Stock, Par Value $.01	M	14388	$13.74	Acquired	72300	Direct
2022-02-28	Common Stock, Par Value $.01	F	4134	$13.74	Disposed	68166	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-28	Restricted Stock Units	$	M	14388	Disposed	2022-02-28	Common Stock, Par Value $.01 (14388)	Direct
2022-02-28	Restricted Stock Units	$	A	1377	Acquired	2022-02-28	Common Stock, Par Value $.01 (1377)	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: This grant vests in full, and all restrictions lapse, three years from the Grant Date.

F4: These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 02/28/2019 RSU SET Retention Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.

F5: Not applicable to this transaction