Home > Insider Trading > Filing (0000950103-23-000169)

Filing Details

Accession Number:: 0000950103-23-000169
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-01-05 20:09:13
Reporting Period:: 2022-11-03

Accepted Time:: 2023-01-05 20:09:13
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1712463	Ranpak Holdings Corp.	PACK	Converted Paper & Paperboard Prods (No Contaners/Boxes) (2670)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1775482	M. Alicia Tranen	Ranpak Holdings Corp. 7990 Auburn Road Concord Township OH 44077		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2022-11-03	1,000	$4.85	1,000	No	4	P	Indirect	By spouse
Class A Common Stock	Acquisiton	2022-11-17	5,000	$5.72	6,000	No	4	P	Indirect	By spouse
Class A Common Stock	Acquisiton	2023-01-03	3,250	$5.87	156,938	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By spouse
No	4	P	Indirect	By spouse
No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	5,100	Indirect	By father
Class A Common Stock	170,560	Indirect	See footnote
Class A Common Stock	40,000	Indirect	See footnote
Class A Common Stock	40,000	Indirect	See footnote
Class A Common Stock	10,000	Indirect	See footnote

Footnotes

The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
The price reported in Column 4 is a weighted average price. These shares were executed in multiple transactions at prices ranging from $5.68 to $5.72, inclusive. The Reporting Person hereby undertakes to provide full information regarding the numbers of shares and prices at which the transactions were affected upon request by the SEC staff, the issuer, or a security holder of the issuer.
These shares were issued in connection with the Reporting Person's election to receive the Reporting Person's quarterly retainer for director services in the form of vested shares rather than cash.
The Reporting Person's prior Form 4 filed on November 18, 2022 inadvertently included under her direct ownership 5,100 shares of Class A common stock held in an account owned by the Reporting Person's father over which the Reporting Person has investment control, when in fact these shares should have been reported on a separate line as the Reporting Person's indirect holding. This Form 4 hereby corrects that error and reflects the correct holding amounts. The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Shares are held directly by Boulevard Capital Partners L.P. ("BCP"). Boulevard Capital Management LLC ("BCM") is the general partner of BCP. The Reporting Person is the sole manager of BCM and therefore may be deemed to hold voting and dispositive power over the shares held by BCP. The Reporting Person disclaims beneficial ownership of the shares held by BCP except to the extent of her pecuniary interest therein.
These shares are held by the Reporting Person's children living in her household.