Thomas A. Hassfurther - Mar 21, 2023 Form 4 Insider Report for PACKAGING CORP OF AMERICA (PKG)

Role
Exec. VP
Signature
Kent A. Pflederer, attorney in fact
Stock symbol
PKG
Transactions as of
Mar 21, 2023
Transactions value $
-$1,020,734
Form type
4
Date filed
3/23/2023, 05:26 PM
Previous filing
Feb 24, 2023
Next filing
Jun 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKG Common Stock Award $0 +19.5K +8.75% $0.00 242K Mar 21, 2023 Direct F1
transaction PKG Common Stock Tax liability -$1.02M -7.68K -3.17% $132.96 235K Mar 21, 2023 Direct F2
holding PKG Common Stock 11.3K Mar 21, 2023 by 401(k) plan
holding PKG Common Stock 53.9K Mar 21, 2023 By Spouse F3
holding PKG Common Stock 34.3K Mar 21, 2023 Through investment entity F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payout in shares of total stockholder return performance units awarded in 2020, including dividend equivalents thereon.
F2 Pursuant to the terms of the Company's Long-Term Equity Incentive Plan, the Company withheld shares to cover the withholding tax obligation associated with the transaction reported above.
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.