AI assistant
Magnera Corp — Director's Dealing 2024
Nov 6, 2024
33036_dirs_2024-11-06_19bd14ae-4e0f-4cad-8ad7-1f3034787bc9.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Magnera Corp (MAGN)
CIK: 0000041719
Period of Report: 2024-11-04
Reporting Person: Begle Curt (Director, President & CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-04 | Restricted Stock Units | $ | A | 54631 | Acquired | 2027-11-04 | Common Stock, Par Value $.01 (54631) | Direct |
| 2024-11-04 | Restricted Stock Units | $ | A | 71258 | Acquired | 2027-11-04 | Common Stock, Par Value $.01 (71258) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, Par Value $.01 | 2576 | Indirect |
| Common Stock, Par Value $.01 | 3083 | Indirect |
| Common Stock, Par Value $.01 | 280 | Indirect |
Footnotes
F1: Represents shares of the Issuer acquired upon the closing of a series of transactions pursuant to which a wholly-owned subsidiary of the Issuer combined with Berry Global Group Inc.'s global nonwovens and hygiene films business in a Reverse Morris Trust transaction.
F2: Represents shares of Issuer common stock held by The Crue Meisler Begle Trust, of which the reporting person's minor child is beneficiary. The reporting person serves as trustee of The Crue Meisler Begle Trust.
F3: Represents shares of Issuer common stock held by The Curtis L. Begle 2022 Grantor Retained Annuity Trust, of which The Crue Meisler Begle Trust is beneficiary. The reporting person serves as trustee of The Curtis Begle GRAT 2022.
F4: Represents shares of Issuer common stock held by The Curtis L. Begle Living Trust, of which the reporting person is beneficiary. The reporting person serves as trustee of The Curtis L. Begle Living Trust.
F5: Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
F6: This grant vests one-third 11/4/2025, one-third 11/4/2026 and one-third 11/4/2027. This grant vests in full, and all restrictions lapse, three years from the Grant Date.
F7: This grant vests in full and all restrictions lapse three years from the Grant Date, subject to the individual's continuous employment with Magnera Corporation.