Form 4 for MAGN Magnera Corp
Accepted 2024-05-14 00:00:00 ET · period of report 2024-05-12 · accession 0001127602-24-015207 · 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 | 2024-05-14 | 2024-05-12 | MAGN | Shettigar Ramesh | CFO, Senior VP, Treas | M - OptEx | $1.63 | +4,750 | 46.7K | +11% | +$7,742 |
| D | 2024-05-14 | 2024-05-12 | MAGN | Shettigar Ramesh | CFO, Senior VP, Treas | F - Tax | $1.63 | -1,550 | 45.2K | -3% | -$2,526 |
| D | 2024-05-14 | 2024-05-12 | MAGN | Shettigar Ramesh | CFO, Senior VP, Treas | A - Grant | $0.00 | +102 | 9,601 | +1% | $0 |
| D | 2024-05-14 | 2024-05-12 | MAGN | Shettigar Ramesh | CFO, Senior VP, Treas | M - OptEx | $0.00 | -4,750 | 4,851 | -49% | $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 | 2024-05-12 | M | A | 4,750 | $1.63 | 46,701 | D | — | — | (F1) Because the payout occurred on a Sunday, May 12, 2024, the value of the shares was determined using the closing price of the previous business day Friday, May 10, 2024. |
| 2 | Common | Common Stock, Par Value $.01 | 2024-05-12 | F | D | 1,550 | $1.63 | 45,151 | D | — | — | (F2) These shares are being withheld to satisfy tax obligations. |
| 3 | Derivative | Restricted Stock Units | 2024-05-12 | A | A | 102 | $0.00 | 9,601 | D | — · 2023-05-12 to 2025-05-12 | 102 Common Stock, Par Value $.01 | (F4) These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 5/12/2022 RSU Promotion Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout. (F6) Not applicable to this transaction. (F3) Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. (F5) This grant vests in full and all restrictions lapse three years from the Grant Date. |
| 4 | Derivative | Restricted Stock Units | 2024-05-12 | M | D | 4,750 | $0.00 | 4,851 | D | — · 2023-05-12 to 2025-05-12 | 4,750 Common Stock, Par Value $.01 | (F3) Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. (F5) This grant vests in full and all restrictions lapse three years from the Grant Date. |