Laures Wolfgang 4
4 · Glatfelter Corp · Filed Feb 23, 2023
Insider Transaction Report
Form 4
Laures Wolfgang
SVP, Global Supply Chain
Transactions
- Tax Payment
Common Stock, Par Value $.01
2023-02-18$4.04/sh−341$1,378→ 33,008 total - Exercise/Conversion
Restricted Stock Units
2023-02-18−6,425→ 12,412 totalFrom: 2023-02-18Exp: 2025-02-18→ Common Stock, Par Value $.01 (6,425 underlying) - Exercise/Conversion
Common Stock, Par Value $.01
2023-02-18$4.04/sh+6,425$25,957→ 33,349 total - Award
Restricted Stock Units
2023-02-18+218→ 12,848 totalFrom: 2023-02-18Exp: 2025-02-18→ Common Stock, Par Value $.01 (218 underlying)
Footnotes (6)
- [F1]Because the payout occurred on a Saturday, February 18, 2023, the value of the shares was determined using the closing price of the previous business day Friday, February 17, 2023.
- [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 02/18/2022 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
- [F5]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.
- [F6]Not applicable to this transaction