Curt Begle - Nov 4, 2024 Form 4 Insider Report for Magnera Corp (MAGN)

Signature
/s/ Laura A. Jones, attorney-in-fact for Curt Begle
Stock symbol
MAGN
Transactions as of
Nov 4, 2024
Transactions value $
$0
Form type
4
Date filed
11/6/2024, 03:18 PM
Previous filing
Oct 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MAGN Common Stock, Par Value $.01 2.58K Nov 4, 2024 The Crue Meisler Begle Trust F1, F2
holding MAGN Common Stock, Par Value $.01 3.08K Nov 4, 2024 The Curtis L. Begle 2022 GRAT F1, F3
holding MAGN Common Stock, Par Value $.01 280 Nov 4, 2024 The Curtis L. Begle Living Trust F1, F4

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
transaction MAGN Restricted Stock Units Award $0 +54.6K $0.00 54.6K Nov 4, 2024 Common Stock, Par Value $.01 54.6K Direct F5, F6
transaction MAGN Restricted Stock Units Award $0 +71.3K $0.00 71.3K Nov 4, 2024 Common Stock, Par Value $.01 71.3K Direct F5, F7
* 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.
F2 Represents shares of Issuer common stock held by The Crue Meisler Begle Trust, of which the reporting person's minor child is beneficiary. The reporting person serves as trustee of The Crue Meisler Begle Trust.
F3 Represents shares of Issuer common stock held by The Curtis L. Begle 2022 Grantor Retained Annuity Trust, of which The Crue Meisler Begle Trust is beneficiary. The reporting person serves as trustee of The Curtis Begle GRAT 2022.
F4 Represents shares of Issuer common stock held by The Curtis L. Begle Living Trust, of which the reporting person is beneficiary. The reporting person serves as trustee of The Curtis L. Begle Living Trust.
F5 Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
F6 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.
F7 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.