Ragen Michael 4
4 · Pactiv Evergreen Inc. · Filed Sep 21, 2020
Insider Transaction Report
Form 4
Ragen Michael
COO and CFO
Transactions
- Purchase
Common Stock
2020-09-21$11.32/sh+8,500$96,225→ 8,500 total - Award
Restricted Stock Units
2020-09-21+35,000→ 35,000 total→ Common Stock (35,000 underlying)
Footnotes (3)
- [F1]Represents the purchase of 8,500 shares in multiple transactions resulting in a weighted average purchase price of $11.3206. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each price within the range.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Pactiv Evergreen Inc. common stock.
- [F3]RSUs vest as follows: 11,666 of the RSUs vest on September 21, 2021; 11,667 of the RSUs vest on September 21, 2022; and 11,667 of the RSUs vest on September 21, 2023.