William Drew - 17 Mar 2025 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Signature
/s/ Sara Horvath, attorney-in-fact
Issuer symbol
PACK
Transactions as of
17 Mar 2025
Net transactions value
-$22,990
Form type
4
Filing time
19 Mar 2025, 16:10:54 UTC
Previous filing
12 Mar 2025
Next filing
06 Jan 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACK Class A common stock Award $0 +30,675 +6% $0.000000 545,213 17 Mar 2025 Direct F1
transaction PACK Class A common stock Tax liability $22,990 -3,819 -0.7% $6.02 541,394 17 Mar 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Class A Common Stock underlying the performance-based restricted stock units ("Performance RSUs") earned on March 17, 2025 as determined by Ranpak based on pre-established performance goals. The earned Performance RSUs vest in three equal installments on each of March 17, 2025, March 10, 2026 and March 10, 2027.
F2 Represents shares withheld to cover payment of the tax liabilities of the reporting person related to the vesting of a portion of the reporting person's previously-granted performance-based restricted stock units.