ELDER DAVID C 4
4 · Glatfelter Corp · Filed Feb 21, 2024
Insider Transaction Report
Form 4
ELDER DAVID C
Corp Controller
Transactions
- Tax Payment
Common Stock, Par Value $.01
2024-02-18$2.19/sh−833$1,824→ 98,770 total - Exercise/Conversion
Common Stock, Par Value $.01
2024-02-18$2.19/sh+2,455$5,376→ 99,603 total - Exercise/Conversion
Restricted Stock Units
2024-02-18−2,455→ 2,373 totalFrom: 2024-02-18Exp: 2025-02-18→ Common Stock, Par Value $.01 (2,455 underlying) - Award
Restricted Stock Units
2024-02-18+83→ 4,828 totalFrom: 2024-02-18Exp: 2025-02-18→ Common Stock, Par Value $.01 (83 underlying)
Footnotes (6)
- [F1]Because the payout occurred on a Sunday, February 18, 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 2/18/2022 SET RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
- [F5]This RSU grant vesting on 2/18/2024 is the second one-third vesting of the SET RSU 2/18/2022 Grant. The final one-third vests, and all restrictions lapse, on 2/18/2025.
- [F6]Not applicable to this transaction.