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

Role: SVP
Signature: Kent A. Pflederer
Issuer symbol: PKG
Transactions as of: 23 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 25 Feb 2022, 10:22:28 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	+2,926	+6.3%	$0.000000	49,201	23 Feb 2022	Direct	F1
transaction	PKG	Common Stock	Award	$0	+2,617	+5.3%	$0.000000	51,818	23 Feb 2022	Direct	F2
holding	PKG	Common Stock						3,773	23 Feb 2022	through 401(k) plan

* 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.

Content

Award of restricted stock.

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.