John Rooney - Sep 21, 2021 Form 4 Insider Report for Pactiv Evergreen Inc. (PTVE)

Role
Pres, Beverage Merchandising
Signature
/s/ Terese M. Eklund, as Attorney-in-Fact, for John Rooney.
Stock symbol
PTVE
Transactions as of
Sep 21, 2021
Transactions value $
-$81,696
Form type
4
Date filed
9/23/2021, 03:20 PM
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTVE Common Stock Options Exercise +19K 19K Sep 21, 2021 Direct F1
transaction PTVE Common Stock Tax liability -$81.7K -7.5K -39.35% $10.90 11.6K Sep 21, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PTVE Restricted Stock Units Options Exercise $0 -19K -33.33% $0.00 38.1K Sep 21, 2021 Common Stock 19K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John Rooney is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") converts into one share of common stock of Pactiv Evergreen Inc.
F2 On September 21, 2020, the reporting person was granted 57,143 RSUs subject to vesting and settlement as described in the September 21, 2020 Grant Form 4. The settlement of 19,047 RSUs occurred on September 21, 2021.