Alicia M. Tranen - 14 Nov 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: 14 Nov 2023
Net transactions value: +$16,100
Form type: 4
Filing time: 14 Nov 2023, 19:23:27 UTC
Previous filing: 08 Nov 2023
Next filing: 18 Jan 2024
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	Purchase	$16,100	+5,000	+20%	$3.22	30,000	14 Nov 2023	By child 3
holding	PACK	Class A common stock						125,000	14 Nov 2023	By child 1
holding	PACK	Class A common stock						115,000	14 Nov 2023	By child 2
holding	PACK	Class A common stock						30,000	14 Nov 2023	By spouse	F1
holding	PACK	Class A common stock						5,100	14 Nov 2023	By father	F1
holding	PACK	Class A common stock						170,560	14 Nov 2023	See footnote	F2
holding	PACK	Class A common stock						199,086	14 Nov 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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.

Content

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.

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.