Mativ Holdings, Inc. — Director's Dealing 2014

Oct 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHWEITZER MAUDUIT INTERNATIONAL INC (SWM)
CIK: 0001000623
Period of Report: 2014-09-30

Reporting Person: ARNOLD CLAIRE L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-30	Phantom Stock Units	$0	A	390	Acquired	1998-08-08	SWM Common Stock (390)	Direct
2014-10-01	Phantom Stock Units	$0	A	453	Acquired	1998-08-08	SWM Common Stock (453)	Direct
2014-10-01	Phantom Stock Units	$0	A	393	Acquired	1998-08-08	SWM Common Stock (393)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
SWM Common Stock	8420	Direct

Footnotes

F1: Dividends credited pursuant to the Director's election in accordance with the Schweitzer-Mauduit International, Inc. Deferred Compensation Plan for Non-Employee Directors and the Schweitzer-Mauduit International, Inc. Deferred Compensation Plan No. 2 for Non-Employee Directors ("Plans"). The Plans were filed as Exhibit 10.8.2 to the 1st quarter 2000 10-Q and Exhibit 10.15 to the 2004 10-K, respectively.

F2: Stock units can be convered to cash upon the earlier of retirement from the Board or termination as a Director in accordance with the Plan. Conversion into cash is based on the fair market value of SWM common stock on the date of conversion.

F3: Director's quarterly stock retainer deferred pursuant to the Director's election in accordance with the Plan.

F4: Director's quarterly cash and committee meeting retainers deferred pursuant to the director's election in accordance with the Plan.