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 $
$388,598
Form type
4
Date filed
11/6/2023, 06:29 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 $2.85K +500 +0.87% $5.70 58K Aug 28, 2023 By child 1 F1
transaction PACK Class A common stock Purchase $47.4K +17K +29.31% $2.79 75K Nov 2, 2023 By child 1
transaction PACK Class A common stock Purchase $106K +35K +46.67% $3.02 110K Nov 3, 2023 By child 1 F2
transaction PACK Class A common stock Purchase $14.6K +5K +4.55% $2.92 115K Nov 6, 2023 By child 1 F3
transaction PACK Class A common stock Purchase $55.7K +20K +36.36% $2.79 75K Nov 2, 2023 By child 2 F4
transaction PACK Class A common stock Purchase $98.1K +32.5K +43.33% $3.02 108K Nov 3, 2023 By child 2 F5
transaction PACK Class A common stock Purchase $14.6K +5K +4.65% $2.93 113K Nov 6, 2023 By child 2 F6
transaction PACK Class A common stock Purchase $20.9K +7.5K +48.39% $2.79 23K Nov 2, 2023 By child 3 F7
transaction PACK Class A common stock Purchase $6.04K +2K +8.7% $3.02 25K Nov 3, 2023 By child 3
transaction PACK Class A common stock Purchase $16.7K +6K +27.27% $2.79 28K Nov 2, 2023 By spouse F8
transaction PACK Class A common stock Purchase $6.04K +2K +7.14% $3.02 30K Nov 3, 2023 By spouse F8
holding PACK Class A common stock 5.1K Aug 28, 2023 By father F8
holding PACK Class A common stock 171K Aug 28, 2023 See footnote F9
holding PACK Class A common stock 199K Aug 28, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction is being reported late due to inadvertent administrative error. The amount in Column 5 of this Form 4 reflects the number of shares beneficially owned by the Reporting Person as of the date of this report after giving effect to the reported transaction and previously reported transactions that occurred after August 28, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.98 to $3.02, 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 range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.85 to $2.99, 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 range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.76 to $2.83, 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 range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.98 to $3.04, 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 range set forth in this footnote.
F6 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.85 to $3.00, 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 range set forth in this footnote.
F7 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.76 to $2.83, 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 range set forth in this footnote.
F8 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.
F9 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.