Alicia M. Tranen - Oct 2, 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
Oct 2, 2023
Transactions value $
$18,338
Form type
4
Date filed
10/4/2023, 04:08 PM
Previous filing
Nov 6, 2023
Next filing
Nov 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACK Class A common stock Award $18.3K +3.45K +1.76% $5.32 199K Oct 2, 2023 Direct F1
holding PACK Class A common stock 57.5K Oct 2, 2023 By child 1
holding PACK Class A common stock 55K Oct 2, 2023 By child 2
holding PACK Class A common stock 15.5K Oct 2, 2023 By child 3
holding PACK Class A common stock 22K Oct 2, 2023 By spouse F2
holding PACK Class A common stock 5.1K Oct 2, 2023 By father F2
holding PACK Class A common stock 171K Oct 2, 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.