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Magnera Corp — Director's Dealing 2024
Feb 27, 2024
33036_dirs_2024-02-27_043c5444-e623-4d2f-ad3c-731ac7694a6d.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: 2024-02-24
Reporting Person: Fahnemann Thomas (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-24 | Common Stock, Par Value $.01 | M | 80000 | — | Acquired | 693000 | Direct |
| 2024-02-24 | Common Stock, Par Value $.01 | F | 22974 | $2.01 | Disposed | 670026 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-24 | Restricted Stock Units | $0 | M | 80000 | Disposed | 2026-02-24 | Common Stock, Par Value $.01 (80000) | Direct |
Footnotes
F1: These shares are being withheld to satisfy tax obligations.
F2: Because the payout occurred on a Saturday, February 24, 2024, the value of the shares was determined using the closing price of the previous business day Friday, February 23, 2024.
F3: This RSU grant vesting on 2/24/2024 is the first one-third vesting of the SET RSU 2/24/2023 Grant. The final one-third vests, and all restrictions lapse, on 2/24/2026.
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