4//SEC Filing
Double Black Diamond Offshore Ltd 4
Accession 0000899243-23-010091
CIK 0000041719other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 4:16 PM ET
Size
19.5 KB
Accession
0000899243-23-010091
Insider Transaction Report
Form 4
CARLSON CAPITAL L P
10% Owner
Transactions
- Exercise of In-Money
Common Stock, par value $0.01 per share (the "Common Stock")
2023-01-20$2.50/sh+50,000$125,000→ 5,415,000 total(indirect: See footnotes) - Purchase
Common Stock
2023-03-29$3.09/sh+500,000$1,546,900→ 5,915,000 total(indirect: See footnotes) - Exercise of In-Money
Stock Option (right to buy)
2023-01-20−50,000→ 0 total(indirect: See footnotes)Exercise: $2.50Exp: 2023-01-20→ Common Stock (50,000 underlying)
Double Black Diamond Offshore Ltd
10% Owner
Transactions
- Exercise of In-Money
Common Stock, par value $0.01 per share (the "Common Stock")
2023-01-20$2.50/sh+50,000$125,000→ 5,415,000 total(indirect: See footnotes) - Purchase
Common Stock
2023-03-29$3.09/sh+500,000$1,546,900→ 5,915,000 total(indirect: See footnotes) - Exercise of In-Money
Stock Option (right to buy)
2023-01-20−50,000→ 0 total(indirect: See footnotes)Exercise: $2.50Exp: 2023-01-20→ Common Stock (50,000 underlying)
Transactions
- Exercise of In-Money
Common Stock, par value $0.01 per share (the "Common Stock")
2023-01-20$2.50/sh+50,000$125,000→ 5,415,000 total(indirect: See footnotes) - Purchase
Common Stock
2023-03-29$3.09/sh+500,000$1,546,900→ 5,915,000 total(indirect: See footnotes) - Exercise of In-Money
Stock Option (right to buy)
2023-01-20−50,000→ 0 total(indirect: See footnotes)Exercise: $2.50Exp: 2023-01-20→ Common Stock (50,000 underlying)
Transactions
- Exercise of In-Money
Common Stock, par value $0.01 per share (the "Common Stock")
2023-01-20$2.50/sh+50,000$125,000→ 5,415,000 total(indirect: See footnotes) - Purchase
Common Stock
2023-03-29$3.09/sh+500,000$1,546,900→ 5,915,000 total(indirect: See footnotes) - Exercise of In-Money
Stock Option (right to buy)
2023-01-20−50,000→ 0 total(indirect: See footnotes)Exercise: $2.50Exp: 2023-01-20→ Common Stock (50,000 underlying)
Asgard Investment Corp. II
10% Owner
Transactions
- Exercise of In-Money
Common Stock, par value $0.01 per share (the "Common Stock")
2023-01-20$2.50/sh+50,000$125,000→ 5,415,000 total(indirect: See footnotes) - Purchase
Common Stock
2023-03-29$3.09/sh+500,000$1,546,900→ 5,915,000 total(indirect: See footnotes) - Exercise of In-Money
Stock Option (right to buy)
2023-01-20−50,000→ 0 total(indirect: See footnotes)Exercise: $2.50Exp: 2023-01-20→ Common Stock (50,000 underlying)
Carlson Clint Duane
10% Owner
Transactions
- Exercise of In-Money
Common Stock, par value $0.01 per share (the "Common Stock")
2023-01-20$2.50/sh+50,000$125,000→ 5,415,000 total(indirect: See footnotes) - Purchase
Common Stock
2023-03-29$3.09/sh+500,000$1,546,900→ 5,915,000 total(indirect: See footnotes) - Exercise of In-Money
Stock Option (right to buy)
2023-01-20−50,000→ 0 total(indirect: See footnotes)Exercise: $2.50Exp: 2023-01-20→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]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.
- [F2](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.
- [F3]Transaction reflects direct exercise by Double Offshore. The stock options were exercisable at any time before and including the date of its expiration.
- [F4]Transaction reflects direct acquisition by Double Offshore of 162,255 shares, by Arbitrage of 253,655 shares and by EDCA of 84,090 shares.
Documents
Issuer
Glatfelter Corp
CIK 0000041719
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001404976
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 4:16 PM ET
- Size
- 19.5 KB