SEC Form 4 · accession 0001127602-18-016380
GLATFELTER P H CO · GLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas Debenedictis
Director
Period of report
May 2, 2018
Accepted (ET)
May 4, 2018 · 4:50 pm 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 2, 2018 | M | 3,658 | $16.43 | A | 61,593 | D | |
| Common Stock, Par Value $.01 | May 4, 2018 | M | 6,253 | $16.49 | A | 67,846 | D | |
| Common Stock, Par Value $.01 | May 4, 2018 | M | 170 | $16.49 | A | 68,016 | 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 2, 2018 | M | 3,658 | D | May 7, 2018 | May 7, 2018 | Common Stock, Par Value $.01 | 3,658 | 0 | D |
| Restricted Stock UnitsF1 | — | May 3, 2018 | A | 7,042 | A | May 3, 2019 | May 3, 2019 | Common Stock, Par Value $.01 | 7,042 | 7,042 | D |
| Restricted Stock UnitsF3,F4 | — | May 4, 2018 | A | 170 | A | May 4, 2018 | May 4, 2018 | Common Stock, Par Value $.01 | 170 | 170 | D |
| Restricted Stock UnitsF1 | — | May 4, 2018 | M | 6,253 | D | May 4, 2018 | May 4, 2018 | Common Stock, Par Value $.01 | 6,253 | 0 | D |
| Restricted Stock UnitsF3,F4 | — | May 4, 2018 | M | 170 | D | May 4, 2018 | May 4, 2018 | Common Stock, Par Value $.01 | 170 | 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 5/7/2016, one-third on 5/7/2017 and the final one-third vests, and all restrictions lapse, on 5/7/2018, or the day prior to the 2018 annual meeting of shareholders.
- F3These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 5/4/2017 Director RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
- F4Not applicable to this transaction