Carlson Capital, L.P. - Oct 13, 2022 Form 3 Insider Report for Glatfelter Corp (GLT)

Role
10%+ Owner
Signature
Carlson Capital, L.P., By: /s/ Clint D. Carlson, Title: President
Stock symbol
GLT
Transactions as of
Oct 13, 2022
Transactions value $
$0
Form type
3
Date filed
10/21/2022, 04:32 PM
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLT Common Stock, par value $0.01 per share (the "Common Stock") 5.37M Oct 13, 2022 See footnotes 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
holding GLT Stock Option (right to buy) Oct 13, 2022 Common Stock 50K $2.50 See footnotes F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Common Stock to which this relates are held directly by Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("Double Offshore"), Black Diamond Arbitrage Offshore Ltd., a Cayman Islands exempted company ("Arbitrage") and Delaware Domiciled Single Investor Limited Partnership - 101, a Delaware limited partnership ("Single Investor Limited," together with Double Offshore and Arbitrage, the "Funds").
F2 Carlson Capital, L.P., a Delaware limited partnership ("Carlson Capital") serves as the investment manager to, and has the power to direct the affairs of, the Funds. Asgard Investment Corp. II, a Delaware corporation ("Asgard II") serves as the general partner of, and has the power to direct the affairs of, Carlson Capital. Mr. Clint D. Carlson, a U.S. citizen, serves as the president of, and has the power to direct the affairs of, Asgard II and Carlson Capital. Each of the reporting persons disclaims beneficial ownership of the securities to which this Form 3 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except as to such extent of the reporting person's pecuniary interest in the securities.
F3 The stock option is exercisable at any time before and including on the day of its expiration.

Remarks:

Exhibit 24 Power of Attorney for Carlson Capital, L.P. Power of Attorney for Double Black Diamond Offshore Ltd., Power of Attorney for Black Diamond Arbitrage Offshore Ltd. Power of Attorney for Delaware Domiciled Single Investor Limited Partnership - 101 Power of Attorney for Asgard Investment Corp. II Power of Attorney for Clint D. Carlson