William Drew - Mar 5, 2024 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Role
Chief Financial Officer & SVP
Signature
/s/ Sara Horvath, attorney-in-fact
Stock symbol
PACK
Transactions as of
Mar 5, 2024
Transactions value $
-$22,108
Form type
4
Date filed
3/7/2024, 09:47 PM
Previous filing
Aug 9, 2023
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACK Class A common stock Award $0 +30.7K +6.74% $0.00 486K Mar 5, 2024 Direct F1
transaction PACK Class A common stock Tax liability -$22.1K -4.86K -1% $4.55 481K Mar 6, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs") pursuant to the Ranpak Holdings Corp. 2019 Omnibus Incentive Plan. Each RSU represents a right to receive one share of the issuer's Class A common stock. 50% of the RSUs will vest on March 10, 2025, and the remaining 50% will vest on March 10, 2026.
F2 Represents shares withheld to cover payment of the tax liabilities of the reporting person related to the vesting of a portion of the reporting person's previously-granted performance-based restricted stock units.