GLATFELTER P H CO 4
4 · GLATFELTER P H CO · Filed Feb 17, 2015
Insider Transaction Report
Form 4
JANKI BRIAN E
Vice President, Business Unit
Transactions
- Tax Payment
Common Stock, Par Value $.01
2015-02-13$24.89/sh−2,876$71,584→ 5,761 total - Other
Performance Stock Award
2015-02-13−5,833→ 8,637 totalFrom: 2015-01-01Exp: 2015-03-15→ Common Stock, Par Value $.01 (5,833 underlying) - Exercise/Conversion
Performance Stock Award
2015-02-13−8,637→ 0 totalFrom: 2015-01-01Exp: 2015-03-15→ Common Stock, Par Value $.01 (8,637 underlying) - Exercise/Conversion
Common Stock, Par Value $.01
2015-02-13$24.89/sh+8,637$214,975→ 8,637 total - Other
Performance Stock Award
2015-02-13+354→ 14,470 totalFrom: 2015-01-01Exp: 2015-03-15→ Common Stock, Par Value $.01 (354 underlying)
Holdings
- 161(indirect: By 401(k))
Common Stock, Par Value $.01
Footnotes (6)
- [F1]Indicates vesting of Performance Share Awards. Based on achievement of performance targets, payout percentage was at 59.7% of the original target, adjusted to include accrued dividend equivalents.
- [F2]These shares are being withheld to satisfy tax obligations.
- [F3]PSA Award amount reflects a target number. Actual payout will range from 0% to 150% of target subject to attainment of performance goals.
- [F4]Not applicable to this transaction
- [F5]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, payment of which is subject to attainment of the performance goals and payment of the underlying award.
- [F6]Payout percentage of PSA was at 59.7%. These shares represent the portion of the award that was unearned and cancelled.