Alicia M. Tranen - 03 Jul 2023 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Role
Director
Signature
/s/ Sara Horvath, attorney-in-fact
Issuer symbol
PACK
Transactions as of
03 Jul 2023
Net transactions value
+$19,666
Form type
4
Filing time
06 Jul 2023, 16:09:23 UTC
Previous filing
30 May 2023
Next filing
06 Nov 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 Award $19,666 +4,149 +2.2% $4.74 195,639 03 Jul 2023 Direct F1
holding PACK Class A common stock 22,000 03 Jul 2023 By spouse F2
holding PACK Class A common stock 50,000 03 Jul 2023 By child 1
holding PACK Class A common stock 47,500 03 Jul 2023 By child 2
holding PACK Class A common stock 13,000 03 Jul 2023 By child 3
holding PACK Class A common stock 5,100 03 Jul 2023 By father F2
holding PACK Class A common stock 170,560 03 Jul 2023 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 The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F3 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.