Omar Asali - 03 Mar 2023 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Role
CEO and Executive Chairman, Director
Signature
/s/ Sara Horvath, attorney-in-fact
Issuer symbol
PACK
Transactions as of
03 Mar 2023
Net transactions value
-$163,535
Form type
4
Filing time
07 Mar 2023, 15:38:19 UTC
Previous filing
03 Aug 2022
Next filing
11 May 2023
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 Tax liability $163,535 -25,713 -1.2% $6.36 2,158,560 03 Mar 2023 Direct F1
holding PACK Class A common stock 1,333,679 03 Mar 2023 By Vivoli Holdings F2
holding PACK Class A common stock 343,220 03 Mar 2023 By Omar M. Asali Irrevocable Trust F/B/O Michael Asali F3
holding PACK Class A common stock 343,220 03 Mar 2023 By Omar M. Asali Irrevocable Trust F/B/O Yasmeen Asali F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover payment of the tax liabilities of the reporting person related to the vesting of a portion of the reporting person's previously-granted performance-based restricted stock unit and restricted stock unit awards.
F2 Vivoli Holdings holds 1,333,679 shares of Class A common stock. Mr. Asali controls Vivoli Holdings. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3 These shares are held in trusts for which Mr. Asali's children are the beneficiaries and in respect of which Mr. Asali may be deemed to have beneficial ownership.