Hillard Samuel L. 4

4 · Glatfelter Corp · Filed Feb 23, 2022

Form 4

Period: 2022-02-18

Vice Pres., Corp Dev&Strategy

Transactions

Exercise/Conversion
Common Stock, Par Value $.01
2022-02-21$14.05/sh+9,575$134,529→ 59,216 total
Award
Restricted Stock Units
2022-02-21+916→ 9,575 total
From: 2022-02-21Exp: 2022-02-21→ Common Stock, Par Value $.01 (916 underlying)
Award
Restricted Stock Units
2022-02-18+28,754→ 28,754 total
From: 2023-02-18Exp: 2025-02-18→ Common Stock, Par Value $.01 (28,754 underlying)
Tax Payment
Common Stock, Par Value $.01
2022-02-21$14.05/sh−2,793$39,242→ 56,423 total
Exercise/Conversion
Restricted Stock Units
2022-02-21−9,575→ 0 total
From: 2022-02-21Exp: 2022-02-21→ Common Stock, Par Value $.01 (9,575 underlying)

Footnotes (7)

[F1]Because the payout occurred on a federal holiday (Monday, February 21, 2022), the value of the shares was determined using the closing price of the previous business day (Friday, February 18, 2022).
[F2]These shares are being withheld to satisfy tax obligations.
[F3]Because the payout occurred on a federal holiday (Monday, February 21, 2022), the value of the shares was determined using the closing price of the previous business day (Friday, February 18, 2022).
[F4]Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
[F5]These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 2/21/2019 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
[F6]Not applicable to this transaction
[F7]This RSU grant vests one-third on 2/18/2023, one-third on 2/18/2024 and the final one-third vests, and all restrictions lapse, on 2/18/2025.

Documents

1 file