Eric Wulf - 21 Sep 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.
Issuer symbol: PTVE
Transactions as of: 21 Sep 2021
Net transactions value: -$17,625
Form type: 4
Filing time: 23 Sep 2021, 15:23:59 UTC
Previous filing: 14 Oct 2021
Next filing: 03 Mar 2022
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		+5,518			5,518	21 Sep 2021	Direct	F1
transaction	PTVE	Common Stock	Tax liability	$17,625	-1,617	-29%	$10.90	3,901	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	-5,518	-33%	$0.000000	11,036	21 Sep 2021	Common Stock	5,518		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.