Boris Illetschko - Aug 1, 2024 Form 4 Insider Report for Glatfelter Corp (GLT)

Role
SVP, Chief Operating Officer
Signature
/s/ Jill L. Urey, Attorney-in-fact
Stock symbol
GLT
Transactions as of
Aug 1, 2024
Transactions value $
$19,509
Form type
4
Date filed
8/2/2024, 03:34 PM
Previous filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GLT Common Stock, Par Value $.01 Options Exercise $20.8K +13.2K $1.57 13.2K Aug 1, 2024 Direct
transaction GLT Common Stock, Par Value $.01 Tax liability -$1.26K -801 -6.06% $1.57 12.4K Aug 1, 2024 Direct F1

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 +39.7K $0.00 39.7K Aug 1, 2023 Common Stock, Par Value $.01 39.7K Direct F2, F3
transaction GLT Restricted Stock Units Options Exercise $0 -13.2K -33.33% $0.00 26.5K Aug 1, 2024 Common Stock, Par Value $.01 13.2K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the 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 2023 RSU LTIP grant vests one-third 8/1/2024, one-third 8/1/2025 and one-third 8/1/2026. This grant vests in full, and all restrictions lapse, three years from the Grant Date