David C. Elder - 18 Feb 2022 Form 4 Insider Report for Glatfelter Corp (MAGN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
23 Feb 2022, 09:24:40 UTC
Prior SEC filing
09 Feb 2022
Next SEC filing
02 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jill L. Urey, Attorney-in-fact

Key filing fact

David C. Elder filed Form 4 for Glatfelter Corp (MAGN) on 23 Feb 2022.

Key facts

  • This page summarizes David C. Elder's Form 4 filing for Glatfelter Corp (MAGN).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 23 Feb 2022, 09:24.

Change

  • Previous filing in this sequence was filed on 09 Feb 2022.
  • Current net transaction value: +$69,674.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GLT transaction

Common Stock, Par Value $.01

Options Exercise

Transaction value
$99,249
Shares
+7,064
Change %
+13%
Price
$14.05
Shares after
60,017
Date
21 Feb 2022
Ownership
Direct
Footnotes
F1
GLT transaction

Common Stock, Par Value $.01

Tax liability

Transaction value
$29,575
Shares
-2,105
Change %
-3.5%
Price
$14.05
Shares after
57,912
Date
21 Feb 2022
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GLT transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+676
Change %
+11%
Price
Shares after
7,064
Date
21 Feb 2022
Ownership
Direct
Underlying class
Common Stock, Par Value $.01
Underlying amount
676
Exercise price
Footnotes
F4, F5, F6
GLT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-7,064
Change %
-100%
Price
Shares after
0
Date
21 Feb 2022
Ownership
Direct
Underlying class
Common Stock, Par Value $.01
Underlying amount
7,064
Exercise price
Footnotes
F1, F4
GLT transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+7,117
Change %
Price
$0.000000
Shares after
7,117
Date
18 Feb 2022
Ownership
Direct
Underlying class
Common Stock, Par Value $.01
Underlying amount
7,117
Exercise price
Footnotes
F4, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Because the payout occurred on a federal holiday (Monday, February 21, 2022), the value of the shares was determined using the closing price of the previous business day (Friday, February 18, 2022).

Footnote F2

These shares are being withheld to satisfy tax obligations.

Footnote F3

Because the payout occurred on a federal holiday (Monday, February 21, 2022), the value of the shares was determined using the closing price of the previous business day (Friday, February 18, 2022).

Footnote F4

Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.

Footnote F5

These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 2/21/2019 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.

Footnote F6

Not applicable to this transaction

Footnote F7

This RSU grant vests one-third on 2/18/2023, one-third on 2/18/2024 and the final one-third vests, and all restrictions lapse, on 2/18/2025.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .