Magnera Corp — Director's Dealing 2023

Oct 27, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Glatfelter Corp (GLT)
CIK: 0000041719
Period of Report: 2023-10-24

Reporting Person: CARLSON CAPITAL L P (N/A)
Reporting Person: Double Black Diamond Offshore Ltd (N/A)
Reporting Person: Black Diamond Arbitrage Offshore Ltd. (N/A)
Reporting Person: EDCA 2019 Fund, L.P. (N/A)
Reporting Person: Black Diamond Offshore Ltd. (N/A)
Reporting Person: Asgard Investment Corp. II (N/A)
Reporting Person: Carlson Clint Duane (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-24	Common Stock, par value $0.01 per share (the "Common Stock")	P	75000	$1.5376	Acquired	7101000	Indirect
2023-10-25	Common Stock	P	25000	$1.5479	Acquired	7126000	Indirect
2023-10-26	Common Stock	P	50000	$1.6	Acquired	7176000	Indirect

Footnotes

F1: Transaction reflects direct acquisition by Black Diamond Offshore Ltd., a Cayman Islands exempted company ("Offshore") of 75,000 shares. The transactions referenced herein provide for various per share prices ranging from $1.53189 to $1.54. The Reporting Persons undertake to provide to the Staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased or sold at each separate price.

F2: The shares of Common Stock to which this relates are held directly by Offshore, Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("Double Offshore"), Black Diamond Arbitrage Offshore Ltd., a Cayman Islands exempted company ("Arbitrage"), and EDCA 2019 Fund, L.P., a Delaware limited partnership ("EDCA" and, together with Offshore, Double Offshore and Arbitrage, the "Funds"). Carlson Capital, L.P., a Delaware limited partnership ("Carlson Capital") serves as the investment manager to, and has the power to direct the affairs of the Funds. Asgard Investment Corp. II, a Delaware corporation ("Asgard II") serves as the general partner of, and has the power to direct the affairs of, Carlson Capital. Mr. Clint D. Carlson, a U.S. citizen, serves as the president of, and has the power to direct the affairs of, Asgard II and Carlson Capital.

F3: (continued from footnote 2) Each of the reporting persons disclaims beneficial ownership of the securities to which this Form 4 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except as to such extent of the reporting person's pecuniary interest in the securities.

F4: Transaction reflects direct acquisition by Offshore of 25,000 shares. The transactions referenced herein provide for various per share prices ranging from $1.52968 to $1.56. The Reporting Persons undertake to provide to the Staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased or sold at each separate price.

F5: Transaction reflects direct acquisition by Double Offshore of 15,804 shares, by Arbitrage of 23,634 shares, and by EDCA of 10,562 shares.