Fahnemann Thomas 4
4 · Glatfelter Corp · Filed Aug 27, 2024
Insider Transaction Report
Form 4
Fahnemann Thomas
Director
Transactions
- Award
Restricted Stock Units
2022-08-24+240,000→ 240,000 totalExercise: $0.00From: 2024-08-24Exp: 2025-08-24→ Common Stock, Par Value $.01 (240,000 underlying) - Tax Payment
Common Stock, Par Value $.01
2024-08-24$1.90/sh−31,649$60,133→ 158,377 total - Exercise/Conversion
Common Stock, Par Value $.01
2024-08-24$1.90/sh+120,000$228,000→ 190,026 total - Exercise/Conversion
Restricted Stock Units
2024-08-24−120,000→ 120,000 totalExercise: $0.00From: 2024-08-24Exp: 2025-08-24→ Common Stock, Par Value $.01 (120,000 underlying)
Footnotes (4)
- [F1]Because the payout occurred on Saturday, August 24, 2024, the value of the shares was determined using the closing price of the previous business day, Friday, August 23, 2024.
- [F2]These shares are being withheld to satisfy tax obligations.
- [F3]Pursuant to Restricted Stock Units that will vest, subject to the individual's continued employment with Glatfelter Corporation (the "Company"), in two equal annual installments beginning on August 24, 2024.
- [F4]This vesting represents the first of two equal vestings of the CEO RSU Award granted on 8/24/2022. The final half vests, and all restrictions lapse, on 8/24/2025.