Antonio Grassotti - Feb 28, 2022 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Role
Managing Director, APAC, Director
Signature
/s/ Sara Horvath, attorney-in-fact
Stock symbol
PACK
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/2/2022, 05:07 PM
Previous filing
Nov 9, 2021
Next filing
Aug 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACK Class A common stock Award $0 +21.5K +82.92% $0.00 47.4K Feb 28, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Class A Common Stock underlying the performance-based restricted stock units ("Performance RSUs") earned on February 28, 2022 as determined by Ranpak based on pre-established performance goals. The earned Performance RSUs vest as follows: 1/3 of the Performance RSUs vest on March 3, 2022, 1/3 vest on March 3, 2023 and 1/3 vest on March 3, 2024.