Darrel H. Hackett - 12 May 2023 Form 4 Insider Report for Glatfelter Corp (MAGN)

Role
Director
Signature
/s/ Jill L. Urey, Attorney-in-fact
Issuer symbol
MAGN
Transactions as of
12 May 2023
Net transactions value
+$54,221
Form type
4
Filing time
16 May 2023, 15:57:47 UTC
Previous filing
09 May 2023
Next filing
09 May 2024
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 $54,221 +14,896 +41% $3.64 51,598 12 May 2023 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 +321 +2.2% $0.000000 14,896 12 May 2023 Common Stock, Par Value $.01 321 Direct F1, F2, F3
transaction GLT Restricted Stock Units Options Exercise $0 -14,896 -100% $0.000000* 0 12 May 2023 Common Stock, Par Value $.01 14,896 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 These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 05/12/2022 Director RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
F3 Not applicable to this transaction.