SEC Form 4 · accession 0001127602-15-016654
GLATFELTER P H CO · GLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Smoot
Director
Period of report
May 6, 2015
Accepted (ET)
May 8, 2015 · 10:48 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000041719
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $.01 | May 6, 2015 | M | 5,330 | $24.72 | A | 23,909 | D | |
| Common Stock, Par Value $.01 | May 7, 2015 | M | 3,223 | $24.60 | A | 27,132 | D | |
| Common Stock, Par Value $.01 | May 7, 2015 | M | 3,436 | $24.60 | A | 30,568 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | May 6, 2015 | M | 5,330 | D | May 5, 2015 | May 5, 2015 | Common Stock, Par Value $.01 | 5,330 | 0 | D |
| Restricted Stock UnitsF1,F3 | $0.00 | May 7, 2015 | M | 3,223 | D | May 9, 2016 | May 9, 2016 | Common Stock, Par Value $.01 | 3,223 | 0 | D |
| Restricted Stock UnitsF1,F3 | — | May 7, 2015 | M | 3,436 | D | — | May 1, 2017 | Common Stock, Par Value $.01 | 3,436 | 0 | D |
Explanation of responses
- F1Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
- F2This grant vests one-third on 5/8/2013, one-third on 5/8/2014, and the final one-third vests, and all restrictions lapse, on the day prior to the 2015 Annual Meeting, or approximately 5/5/2015.
- F3The vesting of these shares is accelerated to 5/7/2015 due to the insider's retirement on that date.