Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Schwinn Armin
2. Date of Event Requiring Statement (Month/Day/Year)
05/19/2010
3. Issuer Name and Ticker or Trading Symbol
Neenah Paper Inc [NP]
(Last)
(First)
(Middle)
3460 PRESTON RIDGE ROAD, SUITE 600
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP and Dir. of Neenah Germany
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ALPHARETTA, GA 30005
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) 10/11/2007(1) 10/10/2016 Common Stock 1,150 $ 35.92 D  
Stock Option (right to buy) 02/07/2008(1) 02/06/2017 Common Stock 750 $ 36.15 D  
Stock Option (right to buy) 08/06/2008(1) 08/07/2017 Common Stock 750 $ 37.58 D  
Stock Option (right to buy) 01/30/2009(1) 01/29/2018 Common Stock 1,350 $ 25.7 D  
Stock Option (right to buy) 07/28/2009(1) 07/27/2018 Common Stock 1,350 $ 17.98 D  
Stock Option (right to buy) 01/29/2010(1) 01/28/2019 Common Stock 2,466 $ 7.41 D  
Stock Option (right to buy) 07/29/2010(1) 07/28/2019 Common Stock 3,700 $ 8.99 D  
Stock Option (right to buy) 01/28/2011(1) 01/27/2020 Common Stock 6,000 $ 13.38 D  
Performance Share Unit 01/30/2008 01/30/2018 Common Stock 900 $ (2) D  
Performance Share Unit 01/29/2009 01/29/2019 Common Stock 2,400 $ (2) D  
Performance Share Unit 01/28/2010 12/31/2019 Common Stock 6,700 $ (2) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Schwinn Armin
3460 PRESTON RIDGE ROAD
SUITE 600
ALPHARETTA, GA 30005
      SVP and Dir. of Neenah Germany  

Signatures

/s/ Steven S. Heinrichs, by Power of Attorney 05/20/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Reflects the date on which the stock options become first exercisable. The stock options vest in increments of one-third on the first, second and third anniversary of the date of grant.
(2) The units are convertible to common stock on a one for one basis.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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