Magnera Corp — Director's Dealing 2024

Feb 21, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Glatfelter Corp (GLT)
CIK: 0000041719
Period of Report: 2024-02-18

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-18	Common Stock, Par Value $.01	M	1719	$2.19	Acquired	34276	Direct
2024-02-18	Common Stock, Par Value $.01	F	647	$2.19	Disposed	33629	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-18	Restricted Stock Units	$	A	58	Acquired	2025-02-18	Common Stock, Par Value $.01 (58)	Direct
2024-02-18	Restricted Stock Units	$	M	1719	Disposed	2025-02-18	Common Stock, Par Value $.01 (1719)	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.