OMAR ASALI - 04 Mar 2025 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Signature
/s/ Sara Horvath, attorney-in-fact
Issuer symbol
PACK
Transactions as of
04 Mar 2025
Net transactions value
$0
Form type
4
Filing time
06 Mar 2025, 17:27:14 UTC
Previous filing
06 Jan 2025
Next filing
12 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACK Class A common stock Award $0 +92,026 +3.5% $0.000000 2,685,259 04 Mar 2025 Direct F1
holding PACK Class A common stock 1,333,679 04 Mar 2025 By Vivoli Holdings F2
holding PACK Class A common stock 343,220 04 Mar 2025 By Omar M. Asali Irrevocable Trust F/B/O Michael Asali F3
holding PACK Class A common stock 343,220 04 Mar 2025 By Omar M. Asali Irrevocable Trust F/B/O Yasmeen Asali F3
* 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. The RSUs will vest in three equal installments on each of March 10, 2026, March 10, 2027 and March 10, 2028.
F2 Vivoli Holdings holds 1,333,679 shares of Class A common stock. Mr. Asali controls Vivoli Holdings. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3 These shares are held in trusts for which Mr. Asali's children are the beneficiaries and in respect of which Mr. Asali may be deemed to have beneficial ownership.