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Filing Details

Accession Number:: 0000899243-21-014782
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-04-05 15:33:34
Reporting Period:: 2020-06-01

Accepted Time:: 2021-04-05 15:33:34
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1712463	Ranpak Holdings Corp.	PACK	()	4

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1070844	A Stephen Schwarzman	C/O The Blackstone Group Inc. 345 Park Avenue New York NY 10154	No	No	Yes	No
1393818	Blackstone Group Inc	345 Park Avenue New York NY 10154	No	No	Yes	No
1404071	L.l.c. Management Group Blackstone	C/O The Blackstone Group Inc. 345 Park Avenue New York NY 10154	No	No	Yes	No
1464694	L.p. I Holdings Blackstone	C/O The Blackstone Group Inc. 345 Park Avenue, 28Th Floor New York NY 10154	No	No	Yes	No
1464695	L.l.c. Gp I/Ii Holdings Blackstone	C/O The Blackstone Group Inc. 345 Park Avenue New York NY 10154	No	No	Yes	No
1484870	L.p. Ii Holdings Blackstone	C/O The Blackstone Group Inc. 345 Park Avenue New York NY 10154	No	No	Yes	No
1539563	L.p. Fund Master Bsof	C/O The Blackstone Group L.p. 345 Park Avenue, 28Th Floor New York NY 10154	No	No	Yes	No
1728529	L.l.c. Associates Opportunity Strategic Blackstone	C/O The Blackstone Group Inc. 345 Park Avenue New York NY 10154	No	No	Yes	No
1728530	L.p. Ii Fund Master Bsof	C/O The Blackstone Group L.p. 345 Park Avenue, 28Th Floor New York NY 10154	No	No	Yes	No
1728531	L.l.c. Solutions Alternative Blackstone	C/O The Blackstone Group Inc. 345 Park Avenue New York NY 10154	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2020-06-01	280,000	$7.49	353,500	No	4	S	Indirect	See Footnotes
Class A Common Stock	Acquisiton	2020-06-01	280,000	$7.49	4,171,500	No	4	P	Indirect	See Footnotes
Class A Common Stock	Disposition	2020-06-01	36,750	$6.82	316,750	No	4	S	Indirect	See Footnotes
Class A Common Stock	Acquisiton	2020-06-01	36,750	$6.82	4,208,250	No	4	P	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Warrant (right to buy)	Disposition	2020-06-01	140,000	$0.95	140,000	$11.50
Class A Common Stock	Warrant (right to buy)	Acquisiton	2020-06-01	140,000	$0.95	140,000	$11.50
Class A Common Stock	Warrant (right to buy)	Disposition	2020-06-01	39,200	$1.31	39,200	$11.50
Class A Common Stock	Warrant (right to buy)	Acquisiton	2020-06-01	39,200	$1.31	39,200	$11.50

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
218,400	No	4	S	Indirect
2,341,600	No	4	P	Indirect
179,200	No	4	S	Indirect
2,380,800	No	4	P	Indirect

Footnotes

Reflects an internal transfer between BSOF Master Fund L.P. ("BSOF") and BSOF Master Fund II L.P. ("BSOF II", and together with BSOF, the "BSOF Funds").
Reflects securities of Ranpak Holdings Corp. (the "Issuer") directly held by BSOF II.
Reflects securities of the Issuer directly held by BSOF.
Blackstone Strategic Opportunity Associates L.L.C. ("BSOA") is the general partner of each of the BSOF Funds. Blackstone Holdings II L.P. ("Holdings II") is the sole member of BSOA. Blackstone Alternative Solutions L.L.C. ("BAS") is the investment manager of each of the BSOF Funds. Blackstone Holdings I L.P. ("Holdings I") is the sole member of BAS. Blackstone Holdings I/II GP L.L.C. ("Holdings GP") is the general partner of each of Holdings I and Holdings II. The Blackstone Group Inc. ("Blackstone") is the sole member of Holdings GP. Blackstone Group Management L.L.C. ("Blackstone Management") is the sole holder of the Class C common stock of Blackstone. Blackstone Management is wholly owned by its senior managing directors and controlled by its founder, Stephen A. Schwarzman.
(Continue from Footnote 4) Each such Reporting Person may be deemed to exercise voting and investment power over the securities of the Issuer directly held by the BSOF Funds directly or indirectly controlled by it or him and thus may be deemed to beneficially own such securities. Each of the Reporting Persons (other than BSOF I and BSOF II to the extent each directly holds securities of the Issuer), disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, and this report shall not be deemed an admission that any of the Reporting Persons (other than BSOF I and BSOF II to the extent each directly holds securities of the Issuer) is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
The warrants to purchase shares of Class A Common Stock of the Issuer were exercisable 30 days after June 3, 2019 and will expire five years after June 3, 2019 or earlier upon redemption or liquidation.
Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.