Mark W. Kowlzan - Feb 22, 2023 Form 4 Insider Report for PACKAGING CORP OF AMERICA (PKG)

Role
Chairman & CEO, Director
Signature
Kent A. Pflederer, attorney in fact
Stock symbol
PKG
Transactions as of
Feb 22, 2023
Transactions value $
$0
Form type
4
Date filed
2/24/2023, 05:51 PM
Previous filing
Jul 20, 2022
Next filing
Mar 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKG Common Stock Award $0 +23.8K +5.16% $0.00 485K Feb 22, 2023 Direct F1
transaction PKG Common Stock Award $0 +19.3K +3.98% $0.00 504K Feb 22, 2023 Direct F2
holding PKG Common Stock 2.57K Feb 22, 2023 by spouse F3
holding PKG Common Stock 18K Feb 22, 2023 401k 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 22, 2023, 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 28, 2019. Performance was achieved at the 100% level, which will result in the reported number of shares being paid out on June 28, 2023, 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.