Bruce Brown - May 6, 2021 Form 4 Insider Report for Glatfelter Corp (GLT)

Role
Director
Signature
Laura A. Jones, attorney-in-fact
Stock symbol
GLT
Transactions as of
May 6, 2021
Transactions value $
$128,665
Form type
4
Date filed
5/10/2021, 02:21 PM
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLT Common Stock, Par Value $.01 Options Exercise $129K +8.42K +26.34% $15.29* 40.4K May 7, 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 +7.32K $0.00 7.32K May 6, 2021 Common Stock, Par Value $.01 7.32K Direct F1, F2
transaction GLT Restricted Stock Units Award +287 +3.53% 8.42K May 7, 2021 Common Stock, Par Value $.01 287 Direct F1, F3, F4
transaction GLT Restricted Stock Units Options Exercise $0 -8.42K -100% $0.00* 0 May 7, 2021 Common Stock, Par Value $.01 8.42K 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