DAVID C. ELDER - 24 Feb 2023 Form 4 Insider Report for Glatfelter Corp (MAGN)

Signature
/s/ Jill L. Urey, Attorney-in-fact
Issuer symbol
MAGN
Transactions as of
24 Feb 2023
Net transactions value
$0
Form type
4
Filing time
28 Feb 2023, 14:16:30 UTC
Previous filing
23 Feb 2023
Next filing
16 May 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GLT Restricted Stock Units Award $0 +24,000 $0.000000 24,000 24 Feb 2023 Common Stock, Par Value $.01 24,000 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
F2 This RSU grant vests one-third on 2/24/2024, one-third on 2/24/2025 and the final one-third vests, and all restrictions lapse, on 2/24/2026.