Michael Ragen - Mar 2, 2022 Form 4 Insider Report for Pactiv Evergreen Inc. (PTVE)

Role: CFO and PAO
Signature: /s/ Tyler T. Rosenbaum, Assistant Secretary, by Power of Attorney
Stock symbol: PTVE
Transactions as of: Mar 2, 2022
Transactions value $: -$70,405
Form type: 4
Date filed: 3/4/2022, 04:54 PM
Previous filing: Sep 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PTVE	Common Stock	Options Exercise	$0	+25.7K	+45.76%	$0.00	82K	Mar 2, 2022	Direct	F1
transaction	PTVE	Common Stock	Tax liability	-$70.4K	-7.54K	-9.2%	$9.34	74.4K	Mar 2, 2022	Direct
transaction	PTVE	Common Stock	Award	$0	+42.7K	+57.38%	$0.00	117K	Mar 2, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 41,234 unvested restricted stock units formerly reported under Table II, which the reporting person is electing instead to report on Table I.
F2	The reported securities represent restricted stock units ("RSUs") that vest as follows: 14,234 of the RSUs vest on March 2, 2023; 14,234 of the RSUs vest on March 2, 2024; and 14,234 of the RSUs vest on March 2, 2025.