Robert P. Mundy - Feb 28, 2024 Form 4 Insider Report for PACKAGING CORP OF AMERICA (PKG)

Role
EVP & CFO
Signature
Kent A. Pflederer, attorney in fact
Stock symbol
PKG
Transactions as of
Feb 28, 2024
Transactions value $
-$443,722
Form type
4
Date filed
3/1/2024, 02:14 PM
Previous filing
Feb 28, 2024
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKG Common Stock Award $0 +4.53K +9.3% $0.00 53.3K Feb 28, 2024 Direct F1
transaction PKG Common Stock Award $0 +5.17K +9.71% $0.00 58.5K Feb 28, 2024 Direct F2
transaction PKG Common Stock Award $0 +502 +0.86% $0.00 59K Feb 28, 2024 Direct F3
transaction PKG Common Stock Tax liability -$444K -2.52K -4.27% $176.36 56.5K Feb 28, 2024 Direct F4
* 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 28, 2024, the Non-Employee Director 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 February 25, 2020. Performance was achieved at the 100% level. The units paid out on the date of certification.
F3 Payout in shares of accumulated dividends on vesting performance units.
F4 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 equity awards vesting on the transaction date.