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Magnera Corp — Director's Dealing 2023
Feb 23, 2023
33036_dirs_2023-02-23_12330e07-08d5-4509-b3ba-a72b7c30e935.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Glatfelter Corp (GLT)
CIK: 0000041719
Period of Report: 2023-02-21
Reporting Person: Beck Eileen L (VP, Global Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-21 | Common Stock, Par Value $.01 | M | 6361 | $3.63 | Acquired | 32869 | Direct |
| 2023-02-21 | Common Stock, Par Value $.01 | F | 2166 | $3.63 | Disposed | 30703 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-21 | Restricted Stock Units | $ | A | 626 | Acquired | 2023-02-21 | Common Stock, Par Value $.01 (626) | Direct |
| 2023-02-21 | Restricted Stock Units | $ | M | 6361 | Disposed | 2023-02-21 | Common Stock, Par Value $.01 (6361) | 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 02/21/2020 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