SEC Form 4 · accession 0001127602-16-043882
GLATFELTER P H CO · GLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William T. Yanavitch II
Officer — Senior VP, H.R. & Admin.
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 4:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000041719
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Only Stock Appreciation RightsF1 | $17.27 | Feb 25, 2016 | A | 41,057 | A | — | Feb 25, 2026 | Common Stock, Par Value $.01 | 41,057 | 41,057 | D |
| Performance Stock AwardF3,F2,F4 | — | Feb 25, 2016 | A | 9,409 | A | Jan 1, 2019 | Mar 15, 2019 | Common Stock, Par Value $.01 | 9,409 | 9,409 | D |
| Stock Only Stock Appreciation RightsF6 | $9.91 | Feb 25, 2016 | D | 55,140 | D | May 5, 2010 | May 5, 2019 | Common Stock, Par Value $.01 | 55,140 | 0 | D |
| Stock Only Stock Appreciation RightsF6 | $9.91 | Feb 25, 2016 | A | 55,140 | A | May 5, 2010 | May 5, 2019 | Common Stock, Par Value $.01 | 55,140 | 55,140 | D |
| Stock Only Stock Appreciation RightsF8 | $12.56 | Feb 25, 2016 | D | 21,590 | D | Mar 3, 2012 | Mar 3, 2021 | Common Stock, Par Value $.01 | 21,590 | 0 | D |
| Stock Only Stock Appreciation RightsF8 | $12.56 | Feb 25, 2016 | A | 21,590 | A | Mar 3, 2012 | Mar 3, 2021 | Common Stock, Par Value $.01 | 21,590 | 21,590 | D |
| Stock Only Stock Appreciation RightsF10 | $15.61 | Feb 25, 2016 | D | 18,610 | D | — | Mar 6, 2022 | Common Stock, Par Value $.01 | 18,610 | 0 | D |
| Stock Only Stock Appreciation RightsF10 | $15.61 | Feb 25, 2016 | A | 18,610 | A | — | Mar 6, 2022 | Common Stock, Par Value $.01 | 18,610 | 18,610 | D |
Explanation of responses
- F1These SOSARs vest in thirds on the anniversary dates of the grant in 2017, 2018 and 2019, respectively.
- F10These SOSARs vest in thirds on the anniversary dates of the grant in 2013, 2014 and 2015 respectively.
- F2Not applicable to this transaction
- F3PSA Award amount reflects a target number. Actual payout will range from 0% to 200% of target subject to attainment of performance goals.
- F4This is a Performance Share Award with a performance period of 1/1/2016-12/31/2017, and a one year vesting tail through 12/31/2018.
- F5Amendment of outstanding SAR resulting in deemed cancellation of SAR and re-grant of replacement SAR. The SAR was originally granted on May 5, 2009 and was amended to extend the post-termination exercise period from 3 months to 3 years.
- F6These SOSARs vest 1/3 in 2010, 2011, 2012 respectively.
- F7Amendment of outstanding SAR resulting in deemed cancellation of SAR and re-grant of replacement SAR. The SAR was originally granted on March 3, 2011 and was amended to extend the post-termination exercise period from 3 months to 3 years.
- F8These SOSARs vest in thirds on the anniversary dates of the grant in 2012, 2013 and 2014 respectively.
- F9Amendment of outstanding SAR resulting in deemed cancellation of SAR and re-grant of replacement SAR. The SAR was originally granted on March 6, 2012 and was amended to extend the post-termination exercise period from 3 months to 3 years.