GLATFELTER P H CO 4
4 · GLATFELTER P H CO · Filed Feb 18, 2014
Insider Transaction Report
Form 4
Bourget Jonathan
VP, AMBU Business Unit
Transactions
- Other
Performance Stock Award
2014-02-14−1,085→ 0 totalFrom: 2014-03-03Exp: 2014-03-03→ Common Stock, Par Value $.01 (1,085 underlying) - Tax Payment
Common Stock, Par Value $.01
2014-02-14$29.14/sh−223$6,498→ 5,192 total - Exercise/Conversion
Common Stock, Par Value $.01
2014-02-14$29.14/sh+3,915$114,083→ 5,415 total - Other
Performance Stock Award
2014-02-14+192→ 5,000 totalFrom: 2014-03-03Exp: 2014-03-03→ Common Stock, Par Value $.01 (192 underlying) - Exercise/Conversion
Performance Stock Award
2014-02-14−3,915→ 1,085 totalFrom: 2014-03-03Exp: 2014-03-03→ Common Stock, Par Value $.01 (3,915 underlying)
Footnotes (5)
- [F1]Indicates vesting of Performance Share Awards. Based on achievement of performance targets, payout percentage was at 78.3% of the original target (adjusted to include accrued dividend equivalents.)
- [F2]These shares are being withheld to satisfy tax obligations.
- [F3]Not applicable to this transaction
- [F4]Dividends accrue on the target amount of PSA awards, and the purpose of this filing is to update the award amount to reflect the accrued dividends through the payout date, payment of which is subject to attainment of the performance goals and payment of the underlying award.
- [F5]Payout percentage of PSA was at 78.3%. These shares represent the portion of the award that was unearned and cancelled.