Shettigar Ramesh 4

4 · Glatfelter Corp · Filed Feb 21, 2024

Form 4

Period: 2024-02-18

VP ? ESG, IR & Corp. Treasurer

Transactions

Exercise/Conversion
Common Stock, Par Value $.01
2024-02-18$2.19/sh+1,719$3,765→ 34,276 total
Tax Payment
Common Stock, Par Value $.01
2024-02-18$2.19/sh−647$1,417→ 33,629 total
Award
Restricted Stock Units
2024-02-18+58→ 3,380 total
From: 2024-02-18Exp: 2025-02-18→ Common Stock, Par Value $.01 (58 underlying)
Exercise/Conversion
Restricted Stock Units
2024-02-18−1,719→ 1,661 total
From: 2024-02-18Exp: 2025-02-18→ Common Stock, Par Value $.01 (1,719 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.

Documents

1 file