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

Signature
/s/ Jill L. Urey, Attorney-in-fact
Issuer symbol
MAGN
Transactions as of
28 Feb 2022
Net transactions value
+$140,890
Form type
4
Filing time
02 Mar 2022, 14:20:05 UTC
Previous filing
23 Feb 2022
Next filing
13 May 2022

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.
  • Filing timestamp: 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.

See Original Filing

Reported transactions

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

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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
An asterisk next to the price means the reported price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are being withheld to satisfy tax obligations.
F2 Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
F3 This grant vests in full, and all restrictions lapse, three years from the Grant Date.
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.
F5 Not applicable to this transaction
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