Filing Details
- Accession Number:
- 0000899243-23-010091
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-31 16:16:56
- Reporting Period:
- 2023-01-20
- Accepted Time:
- 2023-03-31 16:16:56
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 41719 | Glatfelter Corp | GLT | Paper Mills (2621) | 230628360 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1056973 | P L Capital Carlson | 2100 Mckinney Ave Ste 1900 Dallas TX 75201 | No | No | Yes | No | |
| 1404625 | Duane Clint Carlson | 2100 Mckinney Avenue Ste 1900 Dallas TX 75201 | No | No | Yes | No | |
| 1404976 | Ltd Offshore Diamond Black Double | 2100 Mckinney Avenue Ste 1900 Dallas TX 75201 | No | No | Yes | No | |
| 1503915 | Asgard Investment Corp. Ii | 2100 Mckinney Avenue Ste 1900 Dallas TX 75201 | No | No | Yes | No | |
| 1613525 | Ltd. Offshore Arbitrage Diamond Black | 2100 Mckinney Avenue Ste 1900 Dallas TX 75201 | No | No | Yes | No | |
| 1951606 | Edca 2019 Fund, L.p. | 2100 Mckinney Avenue Ste 1900 Dallas TX 75201 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01 Per Share (The "Common Stock") | Acquisiton | 2023-01-20 | 50,000 | $2.50 | 5,415,000 | No | 4 | X | Indirect | See footnotes |
| Common Stock | Acquisiton | 2023-03-29 | 500,000 | $3.09 | 5,915,000 | No | 4 | P | Indirect | See footnotes |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | X | Indirect | See footnotes |
| No | 4 | P | Indirect | See footnotes |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2023-01-20 | 50,000 | $0.00 | 50,000 | $2.50 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2023-01-20 | No | 4 | X | Indirect |
Footnotes
- The shares of Common Stock to which this relates are held directly by Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("Double Offshore"), Black Diamond Arbitrage Offshore Ltd., a Cayman Islands exempted company ("Arbitrage") and EDCA 2019 Fund, L.P., a Delaware limited partnership ("EDCA," together with Double Offshore and Arbitrage, the "Funds"). Carlson Capital, L.P., a Delaware limited partnership ("Carlson Capital") serves as the investment manager to, and has the power to direct the affairs of, the Funds. Asgard Investment Corp. II, a Delaware corporation ("Asgard II") serves as the general partner of, and has the power to direct the affairs of, Carlson Capital. Mr. Clint D. Carlson, a U.S. citizen, serves as the president of, and has the power to direct the affairs of, Asgard II and Carlson Capital.
- (continued from footnote 1) Each of the reporting persons disclaims beneficial ownership of the securities to which this Form 4 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except as to such extent of the reporting person's pecuniary interest in the securities.
- Transaction reflects direct exercise by Double Offshore. The stock options were exercisable at any time before and including the date of its expiration.
- Transaction reflects direct acquisition by Double Offshore of 162,255 shares, by Arbitrage of 253,655 shares and by EDCA of 84,090 shares.
Billionaire Hedge Funds
