Hillard Samuel L. 4
4 · GLATFELTER P H CO · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Hillard Samuel L.
Vice Pres., Corp Dev&Strategy
Transactions
- Tax Payment
Common Stock, Par Value $.01
2020-02-23$16.39/sh−1,906$31,239→ 15,060 total - Award
Restricted Stock Units
2020-02-23+474→ 5,600 totalFrom: 2020-02-23Exp: 2020-02-23→ Common Stock, Par Value $.01 (474 underlying) - Exercise/Conversion
Restricted Stock Units
2020-02-23−5,600→ 0 totalFrom: 2020-02-23Exp: 2020-02-23→ Common Stock, Par Value $.01 (5,600 underlying) - Award
Restricted Stock Units
2020-02-21+9,762→ 9,762 totalFrom: 2023-02-21Exp: 2023-02-21→ Common Stock, Par Value $.01 (9,762 underlying) - Exercise/Conversion
Common Stock, Par Value $.01
2020-02-23$16.39/sh+5,600$91,784→ 16,966 total
Footnotes (6)
- [F1]Because the stock market was not open on the vesting date (Sunday, February 23, 2020), the value of the shares was determined using Friday, February 21, 2020's closing price of $16.39.
- [F2]These shares are being withheld to satisfy tax obligations.
- [F3]Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
- [F4]These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 2/23/2017 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
- [F5]Not applicable to this transaction
- [F6]This grant vests in full, and all restrictions lapse, three years from the Grant Date.