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Magnera Corp — Director's Dealing 2024
Feb 21, 2024
33036_dirs_2024-02-21_1f8158c0-841b-45e7-ad88-cdbe1e3a0068.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: 2024-02-18
Reporting Person: Urey Jill L. (VP, GC & Compliance)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-18 | Common Stock, Par Value $.01 | M | 982 | $2.19 | Acquired | 10502 | Direct |
| 2024-02-18 | Common Stock, Par Value $.01 | F | 328 | $2.19 | Disposed | 10174 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-18 | Restricted Stock Units | $ | A | 32 | Acquired | 2025-02-18 | Common Stock, Par Value $.01 (32) | Direct |
| 2024-02-18 | Restricted Stock Units | $ | M | 982 | Disposed | 2025-02-18 | Common Stock, Par Value $.01 (982) | Direct |
Footnotes
F1: Because the payout occurred on a Sunday, February 18, 2024, the value of the shares was determined using the closing price of the previous business day Friday, February 16, 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 2/18/2022 SET RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
F5: This RSU grant vesting on 2/18/2024 is the second one-third vesting of the SET RSU 2/18/2022 Grant. The final one-third vests, and all restrictions lapse, on 2/18/2025.
F6: Not applicable to this transaction.