Mativ Holdings, Inc. — Director's Dealing 2014

Jan 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHWEITZER MAUDUIT INTERNATIONAL INC (SWM)
CIK: 0001000623
Period of Report: 2013-12-31

Reporting Person: CALDABAUGH K C (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-31	Phantom Stock Units	$0	A	138	Acquired	1988-08-08	SWM Common Stock (138)	Direct
2014-01-02	Phantom Stock Units	$0	A	364	Acquired	1988-08-08	SWM Common Stock (364)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
SWM Common Stock	4000	Direct

Footnotes

F1: Owned by a family trust.

F2: 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.

F3: Stock Units can be converted to cash or SWM common stock upon the earlier of retirement from the Board or termination as a Director in accordance with the Plan. Conversion into shares or cash is based on the fair market value of SWM common stock on the date of conversion.

F4: Director's quarterly retainer deferred pursuant to the Director's election in accordance with the Schweitzer-Mauduit International, Inc. Deferred Compensation Plan No. 2 for Non-Employee Directors.