Magnera Corp — Director's Dealing 2023

Feb 23, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Glatfelter Corp (GLT)
CIK: 0000041719
Period of Report: 2023-02-18

Reporting Person: Laures Wolfgang (SVP, IGSC and IT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-18	Common Stock, Par Value $.01	M	6425	$4.04	Acquired	33349	Direct
2023-02-18	Common Stock, Par Value $.01	F	341	$4.04	Disposed	33008	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-18	Restricted Stock Units	$	A	218	Acquired	2025-02-18	Common Stock, Par Value $.01 (218)	Direct
2023-02-18	Restricted Stock Units	$	M	6425	Disposed	2025-02-18	Common Stock, Par Value $.01 (6425)	Direct

Footnotes

F1: Because the payout occurred on a Saturday, February 18, 2023, the value of the shares was determined using the closing price of the previous business day Friday, February 17, 2023.

F2: These shares are being withheld to satisfy tax obligations.

F3: Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.

F4: These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 02/18/2022 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.

F5: This RSU grant vests one-third on 2/18/2023, one-third on 2/18/2024 and the final one-third vests, and all restrictions lapse, on 2/18/2025.

F6: Not applicable to this transaction