SEC Form 4 · accession 0001127602-18-036113
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
Dec 12, 2018
Accepted (ET)
Dec 13, 2018 · 9:46 am EST
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 | Dec 12, 2018 | M | 112,365 | $11.31 | A | 259,017 | D | |
| Common Stock, Par Value $.01F1 | Dec 12, 2018 | F | 49,138 | $11.31 | D | 209,879 | 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 UnitsF3,F2 | — | Dec 12, 2018 | A | 12,365 | A | Dec 12, 2018 | Dec 12, 2018 | Common Stock, Par Value $.01 | 12,365 | 112,365 | D |
| Restricted Stock UnitsF2 | — | Dec 12, 2018 | M | 112,365 | D | Dec 12, 2018 | Dec 12, 2018 | Common Stock, Par Value $.01 | 112,365 | 0 | D |
Explanation of responses
- F1These shares are being withheld to satisfy tax obligations.
- F2Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
- F3These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 12/12/2013 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.