Salil Seshadri - 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, 05:05 PM
Previous filing
Jul 6, 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 Gift -214K -39.68% 325K Aug 4, 2022 Direct F1
transaction PACK Class A common stock Gift +214K 214K Aug 4, 2022 See footnote F1, F2
transaction PACK Class A common stock Award $18.6K +5.48K +1.69% $3.40 331K Oct 3, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a bona fide gift transfer of 214,016 shares to the Peacock 2021 Family Trust of which he is not a trustee.
F2 Shares are held by the Peacock 2021 Family Trust. The reporting person has investment control over, and pecuniary interest in, all shares held by the Peacock 2021 Family Trust.
F3 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.