Stephen R. Scherger - Feb 21, 2022 Form 4 Insider Report for GRAPHIC PACKAGING HOLDING CO (GPK)

Signature
/s/ Laura Lynn Church, Attorney-in-Fact
Stock symbol
GPK
Transactions as of
Feb 21, 2022
Transactions value $
-$1,423,731
Form type
4
Date filed
2/23/2022, 10:47 AM
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GPK Common Stock Options Exercise $0 +156K +37.16% $0.00 576K Feb 21, 2022 Direct
transaction GPK Common Stock Tax liability -$1.42M -70.4K -12.22% $20.22 506K Feb 21, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GPK Service-Based Restricted Stock Units Options Exercise $0 -44.2K -100% $0.00* 0 Feb 21, 2022 Common Stock 44.2K $0.00 Direct
transaction GPK Performance-Based Restricted Stock Units Options Exercise $0 -88.4K -100% $0.00* 0 Feb 21, 2022 Common Stock 112K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on the performance of the Company, each Performance-Based Restricted Stock Unit pays out in 1.266 shares of Common Stock.