Eric Laurensse - 28 Feb 2022 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Role
Managing Director, Europe
Signature
/s/ Sara Horvath, attorney-in-fact
Issuer symbol
PACK
Transactions as of
28 Feb 2022
Net transactions value
$0
Form type
4
Filing time
02 Mar 2022, 17:09:00 UTC
Previous filing
09 Nov 2021
Next filing
07 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACK Class A common stock Award $0 +40,001 +112% $0.000000 75,820 28 Feb 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.