LEE C. STEWART - 06 May 2022 Form 4 Insider Report for Glatfelter Corp (GLT)

Role
Director
Signature
/s/ Jill L. Urey, Attorney-in-fact
Issuer symbol
GLT
Transactions as of
06 May 2022
Net transactions value
+$67,363
Form type
4
Filing time
09 May 2022, 16:28:07 UTC
Previous filing
04 Apr 2022
Next filing
13 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLT Common Stock, Par Value $.01 Options Exercise $67,363 +7,603 +9.7% $8.86 85,823 06 May 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GLT Restricted Stock Units Award +283 +3.9% 7,603 06 May 2022 Common Stock, Par Value $.01 283 Direct F1, F2, F3
transaction GLT Restricted Stock Units Options Exercise $0 -7,603 -100% $0.000000* 0 06 May 2022 Common Stock, Par Value $.01 7,603 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
F2 These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 5/6/2021 Director RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
F3 Not applicable to this transaction