ELDER DAVID C 4
4 · Glatfelter Corp · Filed May 16, 2023
Insider Transaction Report
Form 4
ELDER DAVID C
Corp Controller
Transactions
- Exercise/Conversion
Common Stock, Par Value $.01
2023-05-12$3.64/sh+4,318$15,718→ 94,341 total - Award
Restricted Stock Units
2023-05-12+279→ 12,953 totalFrom: 2023-05-12Exp: 2025-05-12→ Common Stock, Par Value $.01 (279 underlying) - Exercise/Conversion
Restricted Stock Units
2023-05-12−4,318→ 8,635 totalFrom: 2023-05-12Exp: 2025-05-12→ Common Stock, Par Value $.01 (4,318 underlying) - Tax Payment
Common Stock, Par Value $.01
2023-05-12$3.64/sh−1,202$4,375→ 93,139 total
Footnotes (5)
- [F1]These shares are being withheld to satisfy tax obligations.
- [F2]Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
- [F3]These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 05/12/2022 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
- [F4]This grant vests in full, and all restrictions lapse, three years from the Grant Date.
- [F5]Not applicable to this transaction.