SEC Form 4 · accession 0001127602-19-008854
GLATFELTER P H CO · GLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Jacunski
Officer — Exec Vice President & CFO
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 1:01 pm 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 | Feb 26, 2019 | M | 17,976 | $13.85 | A | 111,449 | D | |
| Common Stock, Par Value $.01F1 | Feb 26, 2019 | F | 5,165 | $13.85 | D | 106,284 | 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,F4 | — | Feb 26, 2019 | A | 2,084 | A | Feb 26, 2019 | Feb 26, 2019 | Common Stock, Par Value $.01 | 2,084 | 17,976 | D |
| Restricted Stock UnitsF2,F4 | — | Feb 26, 2019 | M | 17,976 | D | Feb 26, 2019 | Feb 26, 2019 | Common Stock, Par Value $.01 | 17,976 | 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 2/26/2014 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
- F4This grant vests, and all restrictions lapse, five years from the date of grant.