Alicia M. Tranen - Oct 3, 2022 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Role
Director
Signature
/s/ Sara Horvath, attorney-in-fact
Stock symbol
PACK
Transactions as of
Oct 3, 2022
Transactions value $
$18,642
Form type
4
Date filed
10/5/2022, 05:03 PM
Previous filing
Sep 9, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACK Class A common stock Award $18.6K +5.48K +5.07% $3.40 114K Oct 3, 2022 Direct F1
holding PACK Class A common stock 171K Oct 3, 2022 See footnote F2
holding PACK Class A common stock 25K Oct 3, 2022 See footnote F3
holding PACK Class A common stock 25K Oct 3, 2022 See footnote F3
holding PACK Class A common stock 10K Oct 3, 2022 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued in connection with the Reporting Person's election to receive the Reporting Person's quarterly retainer for director services in the form of vested shares rather than cash.
F2 Shares are held directly by Boulevard Capital Partners L.P. ("BCP"). Boulevard Capital Management LLC ("BCM") is the general partner of BCP. The reporting person is the sole manager of BCM and therefore may be deemed to hold voting and dispositive power over the shares held by BCP. The reporting person disclaims beneficial ownership of the shares held by BCP except to the extent of her pecuniary interest therein.
F3 These shares are held by the reporting person's children living in her household. The reporting person disclaims beneficial ownership of the shares held by these children, and this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purposes.