Sevoz Philippe 4
4 · GLATFELTER P H CO · Filed Feb 25, 2020
Insider Transaction Report
Form 4
Sevoz Philippe
VP, Global Operations
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-02-23−342→ 0 totalFrom: 2020-02-23Exp: 2020-02-23→ Common Stock, Par Value $.01 (342 underlying) - Exercise/Conversion
Common Stock, Par Value $.01
2020-02-23$16.39/sh+342$5,605→ 1,215 total - Tax Payment
Common Stock, Par Value $.01
2020-02-23$16.39/sh−69$1,131→ 1,146 total - Award
Restricted Stock Units
2020-02-23+29→ 342 totalFrom: 2020-02-23Exp: 2020-02-23→ Common Stock, Par Value $.01 (29 underlying) - Award
Restricted Stock Units
2020-02-21+1,881→ 1,881 totalFrom: 2023-02-21Exp: 2023-02-21→ Common Stock, Par Value $.01 (1,881 underlying)
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.