ELDER DAVID C 4
4 · Glatfelter Corp · Filed Feb 20, 2024
Insider Transaction Report
Form 4
ELDER DAVID C
Corp Controller
Transactions
- Exercise/Conversion
Common Stock, Par Value $.01
2024-02-17$2.19/sh+6,059$13,269→ 99,198 total - Tax Payment
Common Stock, Par Value $.01
2024-02-17$2.19/sh−2,050$4,490→ 97,148 total - Award
Restricted Stock Units
2024-02-17+402→ 6,059 totalFrom: 2024-02-17Exp: 2024-02-17→ Common Stock, Par Value $.01 (402 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-17−6,059→ 0 totalFrom: 2024-02-17Exp: 2024-02-17→ Common Stock, Par Value $.01 (6,059 underlying)
Footnotes (6)
- [F1]Because the payout occurred on a Saturday, February 17, 2024, the value of the shares was determined using the closing price of the previous business day Friday, February 16, 2024.
- [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 2/17/2021 SET RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
- [F5]This grant vests in full, and all restrictions lapse, three years from the Grant Date.
- [F6]Not applicable to this transaction.