Magnera Corp — Director's Dealing 2023

Aug 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Glatfelter Corp (GLT)
CIK: 0000041719
Period of Report: 2023-08-15

Reporting Person: CARLSON CAPITAL L P (10% Owner)
Reporting Person: Double Black Diamond Offshore Ltd (10% Owner)
Reporting Person: Black Diamond Arbitrage Offshore Ltd. (10% Owner)
Reporting Person: EDCA 2019 Fund, L.P. (10% Owner)
Reporting Person: Asgard Investment Corp. II (10% Owner)
Reporting Person: Carlson Clint Duane (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-15	Common Stock, par value $0.01 per share (the "Common Stock")	P	180000	$2.00	Acquired	6095000	Indirect
2023-08-15	Common Stock	P	5000	$2.0258	Acquired	6100000	Indirect
2023-08-16	Common Stock	P	65000	$1.9993	Acquired	6165000	Indirect

Footnotes

F1: The shares of Common Stock to which this relates are held directly by 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," together with 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.

F2: (continued from footnote 1) 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.

F3: Transaction reflects direct acquisition by Double Offshore of 69,553 shares, by Arbitrage of 87,489 shares and by EDCA of 22,958 shares.

F4: Transaction reflects direct acquisition by Double Offshore of 1,932 shares, by Arbitrage of 2,430 shares and by EDCA of 638 shares.

F5: Transaction reflects direct acquisition by Double Offshore of 22,171 shares, by Arbitrage of 30,519 shares and by EDCA of 12,310 shares.