GLATFELTER P H CO 4

4 · GLATFELTER P H CO · Filed Feb 16, 2016

Form 4

Period: 2016-02-12

Vice President, Business Unit

Transactions

Exercise/Conversion
Common Stock, Par Value $.01
2016-02-12$17.01/sh+4,049$68,873→ 9,810 total
Tax Payment
Common Stock, Par Value $.01
2016-02-12$17.01/sh−1,500$25,515→ 8,310 total
Exercise/Conversion
Performance Stock Award
2016-02-12−4,049→ 4,049 total
From: 2016-01-01Exp: 2016-03-15→ Common Stock, Par Value $.01 (4,049 underlying)
Other
Performance Stock Award
2016-02-12+797→ 16,396 total
From: 2016-01-01Exp: 2016-03-15→ Common Stock, Par Value $.01 (797 underlying)
Other
Performance Stock Award
2016-02-12−8,298→ 8,098 total
From: 2016-01-01Exp: 2016-03-15→ Common Stock, Par Value $.01 (8,298 underlying)

Footnotes (6)

[F1]Indicates vesting of Performance Share Awards. Based on achievement of performance targets, payout percentage was at 24.7% of the original target as 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 through the payout date, payment of which is subject to attainment of the performance goals and payment of the underlying award.
[F6]Payout percentage of PSA was at 24.7%. These shares represent the portion of the award that was unearned and cancelled.

Documents

1 file