FORM 5
Check this box if no longer
subject to Section 16. Form 4 or
Form 5 obligations may continue.
See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person *

JohnPJacunski

96 South George Street
Suite 500

York, PA 17401		2. Issuer Name and Ticker or Trading Symbol

P. H. Glatfelter Company(GLT)
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director
 10% Owner
X Officer (give title below)
 Other (specify below)
CFO
3. Statement for Issuer's Fiscal Year Ended
(Month/Day/Year)

12/31/2006
4. If Amendment, Date Original Filed
(Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X Form filed by One Reporting Person
Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)2. Transaction Date
(Month/Day/Year)		2A. Deemed
Execution Date,
if any
(Month/Day/Year)		 3. Transaction
Code
(Instr. 8) 		4. Securities Acquired (A)
or Disposed of (D)
(Instr. 3, 4 and 5)		5. Amount of
Securities
Beneficially Owned
at End of Issuer's
Fiscal Year
(Instr. 3 and 4)		6. Ownership
Form:
Direct (D)
or Indirect (I)
(Instr. 4)		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount(A)
or
(D)		Price
Common Stock, Par Value $.013,000D
Common Stock, Par Value $.0112/31/2006J(1)179A$15.465643I401(k)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 2270 (9-02)
* If the form is filed by more than one reporting person, see Instruction 4(b)(v)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g. puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		2. Conversion
or Exercise
Price of Derivative
Security		3. Transaction
Date
(Month/
Day/
Year)		3A. Deemed
Execution
Date,
if any
(Month/
Day/
Year)		 4. Transaction
Code
(Instr. 8) 		5. Number of
Derivative
Securities
Acquired (A)
or Disposed of (D)
(Instr. 3, 4 and 5)		6. Date Exercisable
and Expiration Date
(Month/Day/Year)		7. Title and Amount of
Underlying Securities
(Instr. 3 and 4)		8. Price of
Derivative
Security
(Instr. 5)		9. Number of
Derivative Securities
Beneficially Owned
at End of
Issuer's
Fiscal Year
(Instr. 4)		10. Ownership
Form of
Derivative
Security:
Direct (D)
or Indirect (I)
(Instr. 4)		11. Nature of Indirect
Beneficial Ownership
(Instr. 4)
(A)(D)Date
Exercisable		Expiration
Date		TitleAmount
or
Number
of
Shares
Restricted$0.0012/31/201012/31/2010Common Stock, Par Value $.017,6007,600D
Restricted$0.0012/31/200912/31/2009Common Stock, Par Value $.015,9005,900D
Restricted$0.0004/07/200404/07/2014Common Stock5,9005,900D
SEC 2270 (9-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Explanation of Responses:
See attached footnote page.

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient,
see Instruction 6 for procedure.
s/ Suzanne DeMars01/19/2007
**Signature of Reporting Person Date

FOOTNOTES
(1) Shares held in Company's 401K Plan