David Parks - 04 Nov 2024 Form 4 Insider Report for Magnera Corp (MAGN)

Role
President, Americas
Signature
/s/ Laura A. Jones, attorney-in-fact for David Parks
Issuer symbol
MAGN
Transactions as of
04 Nov 2024
Net transactions value
$0
Form type
4
Filing time
06 Nov 2024, 11:53:53 UTC
Next filing
12 Feb 2026
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MAGN Common Stock, Par Value $.01 531 04 Nov 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MAGN Restricted Stock Units 5,938 04 Nov 2024 Common Stock, Par Value $.01 5,938 Direct F2, F3
holding MAGN Restricted Stock Units 11,876 04 Nov 2024 Common Stock, Par Value $.01 11,876 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer acquired upon the closing of a series of transactions pursuant to which a wholly-owned subsidiary of the Issuer combined with Berry Global Group Inc.'s global nonwovens and hygiene films business in a Reverse Morris Trust transaction (collectively, the "Transactions").
F2 Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
F3 This grant vests one-third 11/4/2025, one-third 11/4/2026 and one-third 11/4/2027. This grant vests in full, and all restrictions lapse, three years from the Grant Date.
F4 This grant vests in full and all restrictions lapse three years from the Grant Date, subject to the individual's continuous employment with Magnera Corporation.