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Magnera Corp Director's Dealing 2024

May 14, 2024

33036_dirs_2024-05-14_b70c6ab9-3ef8-468b-938c-76104020d20e.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: 2024-05-12

Reporting Person: Shettigar Ramesh (Senior VP, CFO & Treasurer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-05-12 Common Stock, Par Value $.01 M 4750 $1.63 Acquired 46701 Direct
2024-05-12 Common Stock, Par Value $.01 F 1550 $1.63 Disposed 45151 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-05-12 Restricted Stock Units $ A 102 Acquired 2025-05-12 Common Stock, Par Value $.01 (102) Direct
2024-05-12 Restricted Stock Units $ M 4750 Disposed 2025-05-12 Common Stock, Par Value $.01 (4750) Direct

Footnotes

F1: Because the payout occurred on a Sunday, May 12, 2024, the value of the shares was determined using the closing price of the previous business day Friday, May 10, 2024.

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 5/12/2022 RSU Promotion Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.

F5: This grant vests in full and all restrictions lapse three years from the Grant Date.

F6: Not applicable to this transaction.