Thomas A. Hassfurther - 23 Feb 2022 Form 4 Insider Report for PACKAGING CORP OF AMERICA (PKG)

Role
Exec. VP
Signature
Kent A. Pflederer, attorney in fact
Issuer symbol
PKG
Transactions as of
23 Feb 2022
Net transactions value
$0
Form type
4
Filing time
25 Feb 2022, 10:18:04 UTC
Previous filing
22 Jul 2021
Next filing
29 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKG Common Stock Award $0 +11,474 +7% $0.000000 175,508 23 Feb 2022 Direct F1
transaction PKG Common Stock Award $0 +12,069 +6.9% $0.000000 187,577 23 Feb 2022 Direct F2
holding PKG Common Stock 10,668 23 Feb 2022 by 401(k) plan
holding PKG Common Stock 53,862 23 Feb 2022 By Spouse F3
holding PKG Common Stock 34,293 23 Feb 2022 Through investment entity F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock.
F2 On February 23, 2022, the Section 162(m) subcommittee of the compensation committee of the registrant's board of directors certified attainment of the performance measure under the performance units awarded to reporting person on June 26, 2018. Performance was achieved at the 100% level, which will result in the reported number of shares being paid out on June 26, 2022, the vesting date of the units, subject to continued service by the reporting person through such date.
F3 Reporting person disclaims beneficial ownership of shares held by spouse.
F4 Reporting person disclaims beneficial ownership of shares held by investment entity except to the extent of his pecuniary interest therein.