William Drew - 05 Mar 2024 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Role
Chief Financial Officer & SVP
Signature
/s/ Sara Horvath, attorney-in-fact
Issuer symbol
PACK
Transactions as of
05 Mar 2024
Net transactions value
-$22,108
Form type
4
Filing time
07 Mar 2024, 21:47:11 UTC
Previous filing
09 Aug 2023
Next filing
18 Mar 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 Award $0 +30,675 +6.7% $0.000000 485,838 05 Mar 2024 Direct F1
transaction PACK Class A common stock Tax liability $22,108 -4,859 -1% $4.55 480,979 06 Mar 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.