Form 4 for MAGN Magnera Corp
Accepted 2024-08-27 00:00:00 ET · period of report 2022-08-24 · accession 0001127602-24-022975 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-08-27 | 2024-08-24 | MAGN | Fahnemann Thomas | CEO, Dir | M - OptEx | $1.90 | +120.0K | 190.0K | +171% | +$228.0K |
| D | 2024-08-27 | 2024-08-24 | MAGN | Fahnemann Thomas | CEO, Dir | F - Tax | $1.90 | -31.6K | 158.4K | -17% | -$60.1K |
| D | 2024-08-27 | 2024-08-24 | MAGN | Fahnemann Thomas | CEO, Dir | M - OptEx | — | -120.0K | 120.0K | -50% | — |
| D | 2024-08-27 | 2022-08-24 | MAGN | Fahnemann Thomas | CEO, Dir | A - Grant | $0.00 | +240.0K | 240.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, Par Value $.01 | 2024-08-24 | M | A | 120,000 | $1.90 | 190,026 | D | — | — | (F1) Because the payout occurred on Saturday, August 24, 2024, the value of the shares was determined using the closing price of the previous business day, Friday, August 23, 2024. |
| 2 | Common | Common Stock, Par Value $.01 | 2024-08-24 | F | D | 31,649 | $1.90 | 158,377 | D | — | — | (F2) These shares are being withheld to satisfy tax obligations. (F1) Because the payout occurred on Saturday, August 24, 2024, the value of the shares was determined using the closing price of the previous business day, Friday, August 23, 2024. |
| 3 | Derivative | Restricted Stock Units | 2024-08-24 | M | D | 120,000 | — | 120,000 | D | $0.00 · 2024-08-24 to 2025-08-24 | 120,000 Common Stock, Par Value $.01 | (F1) Because the payout occurred on Saturday, August 24, 2024, the value of the shares was determined using the closing price of the previous business day, Friday, August 23, 2024. (F4) This vesting represents the first of two equal vestings of the CEO RSU Award granted on 8/24/2022. The final half vests, and all restrictions lapse, on 8/24/2025. |
| 4 | Derivative | Restricted Stock Units | 2022-08-24 | A | A | 240,000 | $0.00 | 240,000 | D | $0.00 · 2024-08-24 to 2025-08-24 | 240,000 Common Stock, Par Value $.01 | (F3) Pursuant to Restricted Stock Units that will vest, subject to the individual's continued employment with Glatfelter Corporation (the "Company"), in two equal annual installments beginning on August 24, 2024. |