Alicia M. Tranen - Dec 13, 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
Dec 13, 2023
Transactions value $
$0
Form type
4
Date filed
1/18/2024, 06:22 PM
Previous filing
Nov 14, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACK Class A common stock Gift -24.1K -14.12% 146K Dec 13, 2023 See footnote F1, F2
transaction PACK Class A common stock Gift +24.1K +11.9% 226K Dec 13, 2023 Direct F1
transaction PACK Class A common stock Gift -71.7K -48.92% 74.8K Dec 13, 2023 See footnote F2, F3
transaction PACK Class A common stock Gift +71.7K 71.7K Dec 13, 2023 by Blue Parrot Trust F3
transaction PACK Class A common stock Gift -74.8K -100% 0 Dec 13, 2023 See footnote F2, F4
transaction PACK Class A common stock Gift +74.8K +1467.14% 79.9K Dec 13, 2023 By father F4, F5
holding PACK Class A common stock 125K Dec 13, 2023 By child 1
holding PACK Class A common stock 115K Dec 13, 2023 By child 2
holding PACK Class A common stock 30K Dec 13, 2023 By child 3
holding PACK Class A common stock 30K Dec 13, 2023 By spouse F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a transfer of shares by reporting person from Boulevard Capital Partners L.P. ("BCP") to the reporting person's direct holding.
F2 Shares are held directly by 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.
F3 Represents a transfer of shares by reporting person from BCP to Blue Parrot Trust ("BPT"). BPT is jointly controlled by reporting person and her spouse.
F4 Represents a transfer of shares by reporting person from BCP to her father.
F5 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.