GLATFELTER P H CO 4

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

Form 4

Period: 2016-02-12

V. P. Human Resources

Transactions

Other
Performance Stock Award
2016-02-12−3,475→ 3,390 total
From: 2016-01-01Exp: 2016-03-15→ Common Stock, Par Value $.01 (3,475 underlying)
Other
Performance Stock Award
2016-02-12+385→ 6,865 total
From: 2016-01-01Exp: 2016-03-15→ Common Stock, Par Value $.01 (385 underlying)
Exercise/Conversion
Common Stock, Par Value $.01
2016-02-12$17.01/sh+1,695$28,832→ 28,842 total
Tax Payment
Common Stock, Par Value $.01
2016-02-12$17.01/sh−628$10,682→ 28,214 total
Exercise/Conversion
Performance Stock Award
2016-02-12−1,695→ 1,695 total
From: 2016-01-01Exp: 2016-03-15→ Common Stock, Par Value $.01 (1,695 underlying)

Footnotes (5)

[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]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 24.7%. These shares represent the portion of the award that was unearned and cancelled.

Documents

1 file