David C. Elder - 12 May 2024 Form 4 Insider Report for Glatfelter Corp (GLT)

Role: Vice Pres, Finance and CAO
Signature: /s/ Jill L. Urey, Attorney-in-fact
Issuer symbol: GLT
Transactions as of: 12 May 2024
Transactions value $: $5,087
Form type: 4
Date filed: 14 May 2024, 13:27
Previous filing: 01 Mar 2024
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	$7.04K	+4.32K	+4.15%	$1.63	108K	12 May 2024	Direct
transaction	GLT	Common Stock, Par Value $.01	Tax liability	-$1.95K	-1.2K	-1.1%	$1.63	107K	12 May 2024	Direct	F1, F2

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	$0	+93	+1.08%	$0.00	8.73K	12 May 2024	Common Stock, Par Value $.01	93		Direct	F3, F4, F5, F6
transaction	GLT	Restricted Stock Units	Options Exercise	$0	-4.32K	-49.47%	$0.00	4.41K	12 May 2024	Common Stock, Par Value $.01	4.32K		Direct	F3, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are being withheld to satisfy tax obligations.
F2	Because the payout occurred on a Sunday, May 12, 2024, the value of the shares was determined using the closing price of the previous business day Friday, May 10, 2024.
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 5/12/2022 RSU Retention Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
F5	This grant vests in full and all restrictions lapse three years from the Grant Date.
F6	Not applicable to this transaction.