David C. Elder - 28 Feb 2022 Form 4 Insider Report for Glatfelter Corp (MAGN)

Reporting relationship: Vice Pres, Finance and CAO
Issuer ticker: MAGN
Reported as of: 28 Feb 2022
Net transaction value: +$140,890
SEC form: 4
Accepted by SEC: 02 Mar 2022, 14:20:05 UTC
Prior SEC filing: 23 Feb 2022
Next SEC filing: 13 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Jill L. Urey, Attorney-in-fact

Key filing fact

David C. Elder filed Form 4 for Glatfelter Corp (MAGN) on 02 Mar 2022.

Key facts

This page summarizes David C. Elder's Form 4 filing for Glatfelter Corp (MAGN).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Mar 2022, 14:20.

Change

Previous filing in this sequence was filed on 23 Feb 2022.
Current net transaction value: +$140,890.

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: $197,691
Shares: +14,388
Change %: +25%
Price: $13.74
Shares after: 72,300
Date: 28 Feb 2022
Ownership: Direct

GLT transaction

Common Stock, Par Value $.01

Tax liability

Transaction value: $56,801
Shares: -4,134
Change %: -5.7%
Price: $13.74
Shares after: 68,166
Date: 28 Feb 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

GLT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -14,388
Change %: -62%
Price: $0.000000
Shares after: 8,877
Date: 28 Feb 2022
Ownership: Direct
Underlying class: Common Stock, Par Value $.01
Underlying amount: 14,388
Exercise price
Footnotes: F2, F3

GLT transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares: +1,377
Change %: +16%
Price
Shares after: 10,254
Date: 28 Feb 2022
Ownership: Direct
Underlying class: Common Stock, Par Value $.01
Underlying amount: 1,377
Exercise price
Footnotes: F2, F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

These shares are being withheld to satisfy tax obligations.

Footnote F2

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

Footnote F3

This grant vests in full, and all restrictions lapse, three years from the Grant Date.

Footnote F4

These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 02/28/2019 RSU SET Retention Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.

Footnote F5

Not applicable to this transaction