JONATHAN D. RICH - 28 Feb 2022 Form 4 Insider Report for Pactiv Evergreen Inc. (PTVE)

Role
Director
Signature
/s/ Tyler T. Rosenbaum, Assistant Secretary, by Power of Attorney
Issuer symbol
PTVE
Transactions as of
28 Feb 2022
Net transactions value
+$494,455
Form type
4
Filing time
02 Mar 2022, 14:08:44 UTC
Previous filing
23 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTVE Common Stock Purchase $138,260 +14,103 +18% $9.80 90,802 28 Feb 2022 Direct F1, F2
transaction PTVE Common Stock Purchase $356,195 +38,503 +42% $9.25 129,305 01 Mar 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.58 - $10.05 per share, inclusive. The reporting person undertakes to provide to the issuer, any securityholder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this Footnote 1 to this Form 4.
F2 Includes 12,770 unvested restricted stock units formerly reported under Table II, which the reporting person is electing instead to report on Table I.
F3 The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.15 - $9.56 per share, inclusive. The reporting person undertakes to provide to the issuer, any securityholder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this Footnote 3 to this Form 4.