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Magnera Corp — Director's Dealing 2024
Nov 6, 2024
33036_dirs_2024-11-06_b93e4635-d78b-43aa-88e6-64d36b48888d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Magnera Corp (MAGN)
CIK: 0000041719
Period of Report: 2024-11-04
Reporting Person: Parks David (President, Americas)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, Par Value $.01 | 531 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | 2027-11-04 | Common Stock, Par Value $.01 (5938) | 5938 | Direct |
| Restricted Stock Units | $ | 2027-11-04 | Common Stock, Par Value $.01 (11876) | 11876 | Direct |
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 (collectively, the "Transactions").
F2: Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
F3: 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.
F4: 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.