SEC Form 4 · accession 0001127602-17-030872
GLATFELTER P H CO · GLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dante C Parrini
Officer — Chairman, President and CEO · Director
Period of report
Oct 31, 2017
Accepted (ET)
Nov 2, 2017 · 9:38 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 | Oct 31, 2017 | M | 45,760 | $20.96 | A | 173,803 | D | |
| Common Stock, Par Value $.01F1,F2 | Oct 31, 2017 | D | 29,342 | — | D | 144,461 | D | |
| Common Stock, Par Value $.01F3 | Oct 31, 2017 | F | 7,608 | $20.96 | D | 136,853 | D |
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 Rights | $13.44 | Oct 31, 2017 | M | 45,760 | D | Mar 5, 2011 | Mar 5, 2018 | Common Stock, Par Value $.01 | 45,760 | 0 | D |
Explanation of responses
- F1The Company grants SARs that are settled in stock. These units repesent the difference between the number of Stock-Only SARs granted, versus the number received in settlement or withheld for taxes.
- F2Not applicable to this transaction
- F3These shares are being withheld to satisfy tax obligations.