Form 4 for MAGN Magnera Corp
Accepted 2023-02-23 00:00:00 ET · period of report 2023-02-21 · accession 0001127602-23-006761 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-23 | 2023-02-21 | MAGN | Shettigar Ramesh | CFO, Senior VP, Treas | M - OptEx | $3.63 | +7,783 | 30.4K | +34% | +$28.3K |
| D | 2023-02-23 | 2023-02-21 | MAGN | Shettigar Ramesh | CFO, Senior VP, Treas | F - Tax | $3.63 | -3,010 | 27.4K | -10% | -$10.9K |
| D | 2023-02-23 | 2023-02-21 | MAGN | Shettigar Ramesh | CFO, Senior VP, Treas | A - Grant | $0.00 | +766 | 7,783 | +11% | $0 |
| D | 2023-02-23 | 2023-02-21 | MAGN | Shettigar Ramesh | CFO, Senior VP, Treas | M - OptEx | $0.00 | -7,783 | 0 | -100% | $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 | Common Stock, Par Value $.01 | 2023-02-21 | M | A | 7,783 | $3.63 | 30,422 | D | — | — | |
| 2 | Common | Common Stock, Par Value $.01 | 2023-02-21 | F | D | 3,010 | $3.63 | 27,412 | D | — | — | (F1) These shares are being withheld to satisfy tax obligations. |
| 3 | Derivative | Restricted Stock Units | 2023-02-21 | A | A | 766 | $0.00 | 7,783 | D | — · 2023-02-21 to 2023-02-21 | 766 Common Stock, Par Value $.01 | (F3) These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 2/21/2020 Retention Grant (RS) reported previously. The dividend equivalents are added to the initial grant at the time of payout. (F5) Not applicable to this transaction (F2) Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. (F4) This grant vests in full and all restrictions lapse one year from the Grant Date. |
| 4 | Derivative | Restricted Stock Units | 2023-02-21 | M | D | 7,783 | $0.00 | 0 | D | — · 2023-02-21 to 2023-02-21 | 7,783 Common Stock, Par Value $.01 | (F2) Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. (F4) This grant vests in full and all restrictions lapse one year from the Grant Date. |