Form 4 for PACK Ranpak Holdings Corp.
Accepted 2022-03-02 00:00:00 ET · period of report 2022-02-28 · accession 0000950103-22-003887 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-03-02 | 2022-02-28 | PACK | ASALI OMAR | CEO, Executive COB, Dir | A - Grant | $0.00 | +105.0K | 2.12M | +5% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A common stock | 2022-02-28 | A | A | 105,000 | $0.00 | 2,122,212 | D | — | — | (F1) Represents Class A Common Stock underlying the performance-based restricted stock units ("Performance RSUs") earned on February 28, 2022 as determined by Ranpak based on pre-established performance goals. The earned Performance RSUs vest as follows: 1/3 of the Performance RSUs vest on March 3, 2022, 1/3 vest on March 3, 2023 and 1/3 vest on March 3, 2024. (F2) Includes 1,025,369 shares of Class A Common Stock that Mr. Asali previously held indirectly through One Madison Group, LLC, an entity of which Mr. Asali is the sole managing member. One Madison Group, LLC previously held 2,577,480 shares of Class A Common Stock, and on December 23, 2021, distributed its Class A Common Stock to its members, including Mr. Asali. This distribution did not change Mr. Asali's pecuniary interest in Class A Common Stock. |