Sec Form 4 Filing - Keenan Jeffrey @ SCHWEITZER MAUDUIT INTERNATIONAL INC - 2019-12-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
Keenan Jeffrey
2. Issuer Name and Ticker or Trading Symbol
SCHWEITZER MAUDUIT INTERNATIONAL INC [ SWM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O SCHWEITZER-MAUDUIT INTERNAT'L INC., 100 NORTH POINT CENTER EAST, SUITE 600
3. Date of Earliest Transaction (MM/DD/YY)
12/31/2019
(Street)
ALPHARETTA, GA30022
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
SWM Common Stock 30,000 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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 Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units ( 1 ) $ 0 12/31/2019 A 199 08/08/1998( 3 ) 08/08/1998 SWM Common Stock 199 $ 41.99 19,231 D
Phantom Stock Units ( 2 ) $ 0 01/02/2020 A 565 08/08/1998( 3 ) 08/08/1998 SWM Common Stock 565 $ 41.99 19,796 D
Phantom Stock Units ( 4 ) $ 0 01/02/2020 A 594 08/08/1998( 3 ) 08/08/1998 SWM Common Stock 594 $ 41.99 20,390 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Keenan Jeffrey
C/O SCHWEITZER-MAUDUIT INTERNAT'L INC.
100 NORTH POINT CENTER EAST, SUITE 600
ALPHARETTA, GA30022
X
Signatures
Honor Winks as attorney-in-fact for Jeffrey Keenan 01/03/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Dividends credited pursuant to the Director's election in accordance with the Schweitzer-Mauduit International, Inc. Deferred Compensation Plan No. 2 for Non-Employee Directors ("Plan'). The Plan was filed as Exhibit 10.15 to the 2004 10-K.
( 2 )Director's quarterly stock retainer deferred pursuant to the Director's election in accordance with the Schweitzer-Mauduit International, Inc. Deferred Compensation Plan No. 2 for Non-Employee Directors (the "Plan"). The Plan was filed as Exhibit 10.15 to the 2004 10-K.
( 3 )Stock Units can be converted to cash upon the earlier of retirement from the Board or termination as a Director in accordance with the Plan. Conversion into cash is based on the fair market value of SWM common stock on the date of conversion.
( 4 )Director's quarterly meeting retainer and committee retainers deferred pursuant to the Director's election in accordance with the Plan.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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