John P. Rooney - 21 Sep 2021 Form 4 Insider Report for Pactiv Evergreen Inc. (PTVE)

Role
Pres, Beverage Merchandising
Signature
/s/ Terese M. Eklund, as Attorney-in-Fact, for John Rooney.
Issuer symbol
PTVE
Transactions as of
21 Sep 2021
Net transactions value
-$81,696
Form type
4
Filing time
23 Sep 2021, 15:20:07 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTVE Common Stock Options Exercise +19,047 19,047 21 Sep 2021 Direct F1
transaction PTVE Common Stock Tax liability $81,696 -7,495 -39% $10.90 11,552 21 Sep 2021 Direct

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 PTVE Restricted Stock Units Options Exercise $0 -19,047 -33% $0.000000 38,096 21 Sep 2021 Common Stock 19,047 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John P. Rooney is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") converts into one share of common stock of Pactiv Evergreen Inc.
F2 On September 21, 2020, the reporting person was granted 57,143 RSUs subject to vesting and settlement as described in the September 21, 2020 Grant Form 4. The settlement of 19,047 RSUs occurred on September 21, 2021.