Bruce Brown - 06 May 2021 Form 4 Insider Report for Glatfelter Corp (MAGN)

Role
Director
Signature
Laura A. Jones, attorney-in-fact
Issuer symbol
MAGN
Transactions as of
06 May 2021
Net transactions value
+$128,665
Form type
4
Filing time
10 May 2021, 14:21:28 UTC
Next filing
07 Mar 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 $128,665 +8,415 +26% $15.29* 40,366 07 May 2021 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 $0 +7,320 $0.000000 7,320 06 May 2021 Common Stock, Par Value $.01 7,320 Direct F1, F2
transaction GLT Restricted Stock Units Award +287 +3.5% 8,415 07 May 2021 Common Stock, Par Value $.01 287 Direct F1, F3, F4
transaction GLT Restricted Stock Units Options Exercise $0 -8,415 -100% $0.000000* 0 07 May 2021 Common Stock, Par Value $.01 8,415 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 This grant vests in full and all restrictions lapse one year from the Grant Date.
F3 These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 5/7/2020 Director RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
F4 Not applicable to this transaction