Omar Asali - Mar 17, 2025 Form 4 Insider Report for Ranpak Holdings Corp. (PACK)

Role
CEO & Executive Chairman, Director
Signature
/s/ Sara Horvath, attorney-in-fact
Stock symbol
PACK
Transactions as of
Mar 17, 2025
Transactions value $
-$85,580
Form type
4
Date filed
3/19/2025, 04:12 PM
Previous filing
Mar 12, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACK Class A common stock Award $0 +92K +3.47% $0.00 2.74M Mar 17, 2025 Direct F1
transaction PACK Class A common stock Tax liability -$85.6K -14.2K -0.52% $6.02 2.73M Mar 17, 2025 Direct F2
holding PACK Class A common stock 1.33M Mar 17, 2025 By Vivoli Holdings F3
holding PACK Class A common stock 343K Mar 17, 2025 By Omar M. Asali Irrevocable Trust F/B/O Michael Asali F4
holding PACK Class A common stock 343K Mar 17, 2025 By Omar M. Asali Irrevocable Trust F/B/O Yasmeen Asali F4
* 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.
F3 Vivoli Holdings holds 1,333,679 shares of Class A common stock. Mr. Asali controls Vivoli Holdings. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4 These shares are held in trusts for which Mr. Asali's children are the beneficiaries and in respect of which Mr. Asali may be deemed to have beneficial ownership.