Alicia M. Tranen - Jan 2, 2024 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Role
Director
Signature
/s/ Sara Horvath, attorney-in-fact
Stock symbol
PACK
Transactions as of
Jan 2, 2024
Transactions value $
$17,495
Form type
4
Date filed
1/4/2024, 04:12 PM
Previous filing
Jan 18, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACK Class A common stock Award $17.5K +3.22K +1.62% $5.43 202K Jan 2, 2024 Direct F1
holding PACK Class A common stock 125K Jan 2, 2024 By child 1
holding PACK Class A common stock 115K Jan 2, 2024 By child 2
holding PACK Class A common stock 30K Jan 2, 2024 By child 3
holding PACK Class A common stock 30K Jan 2, 2024 By spouse F2
holding PACK Class A common stock 5.1K Jan 2, 2024 By father F2
holding PACK Class A common stock 171K Jan 2, 2024 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.