SEC Form 4 · accession 0001127602-16-047197
GLATFELTER P H CO · GLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Samuel L. Hillard
Officer — Vice Pres., Corp Dev&Strategy
Period of report
Mar 21, 2016
Accepted (ET)
Mar 22, 2016 · 6:32 pm EDT
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 | $19.38 | Mar 21, 2016 | A | 63,286 | A | — | Mar 21, 2026 | Common Stock, Par Value $.01 | 63,286 | 63,286 | D |
| Performance Stock AwardF3,F2,F4 | — | Mar 21, 2016 | A | 15,351 | A | Jan 1, 2019 | Mar 15, 2019 | Common Stock, Par Value $.01 | 15,351 | 15,351 | D |
Explanation of responses
- F1These SOSARs vest and become exercisable in thirds, on the anniversary dates of the grant in 2017, 2018 and 2019, 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.