Alicia M. Tranen - Aug 28, 2023 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Role
Director
Signature
/s/ Sara Horvath, attorney-in-fact
Stock symbol
PACK
Transactions as of
Aug 28, 2023
Transactions value $
$100,100
Form type
4
Date filed
8/30/2023, 04:37 PM
Previous filing
Jul 6, 2023
Next filing
Oct 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACK Class A common stock Purchase $42.9K +7.5K +15% $5.72 57.5K Aug 28, 2023 By child 1 F1
transaction PACK Class A common stock Purchase $42.9K +7.5K +15.79% $5.72 55K Aug 28, 2023 By child 2 F2
transaction PACK Class A common stock Purchase $14.3K +2.5K +19.23% $5.72 15.5K Aug 28, 2023 By child 3
holding PACK Class A common stock 196K Aug 28, 2023 Direct
holding PACK Class A common stock 22K Aug 28, 2023 By spouse F3
holding PACK Class A common stock 5.1K Aug 28, 2023 By father F3
holding PACK Class A common stock 171K Aug 28, 2023 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.70 to $5.75, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.70 to $5.75, inclusive.
F3 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.
F4 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.