SEC Form 4 · accession 0001127602-17-030874
GLATFELTER P H CO · GLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Jacunski
Officer — Exec VP, CFO, Bus. Unit Pres.
Period of report
Oct 31, 2017
Accepted (ET)
Nov 2, 2017 · 9:47 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 | 27,250 | $20.96 | A | 84,714 | D | |
| Common Stock, Par Value $.01F1,F2 | Oct 31, 2017 | D | 17,473 | — | D | 67,241 | D | |
| Common Stock, Par Value $.01F3 | Oct 31, 2017 | F | 3,103 | $20.96 | D | 64,138 | 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 | 27,250 | D | Mar 5, 2011 | Mar 5, 2018 | Common Stock, Par Value $.01 | 27,250 | 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.