Eric Wulf - Sep 21, 2021 Form 4 Insider Report for Pactiv Evergreen Inc. (PTVE)

Role
President, Food Merchandising
Signature
/s/ Terese M. Eklund, as Attorney-in-Fact, for Eric Wulf.
Stock symbol
PTVE
Transactions as of
Sep 21, 2021
Transactions value $
-$17,625
Form type
4
Date filed
9/23/2021, 03:23 PM
Previous filing
Oct 14, 2021
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTVE Common Stock Options Exercise +5.52K 5.52K Sep 21, 2021 Direct F1
transaction PTVE Common Stock Tax liability -$17.6K -1.62K -29.3% $10.90 3.9K Sep 21, 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 -5.52K -33.33% $0.00 11K Sep 21, 2021 Common Stock 5.52K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 16,554 RSUs subject to vesting and settlement as described in the September 21, 2020 Grant Form 4. The settlement of 5,518 RSUs occurred on September 21, 2021.