4//SEC Filing
Blackstone Holdings I L.P. 4
Accession 0000899243-20-024213
CIK 0001712463other
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 12:49 PM ET
Size
33.9 KB
Accession
0000899243-20-024213
Insider Transaction Report
Form 4
Blackstone Holdings I L.P.
10% Owner
Transactions
- Other
Class A Common Stock
2020-09-04+78,848→ 712,348 total(indirect: See Footnotes) - Other
Warrant (right to buy)
2020-09-04−2,201,600→ 0 total(indirect: See Footnotes)Exercise: $11.50→ Class A Common Stock (2,201,600 underlying) - Other
Warrant (right to buy)
2020-09-04−358,400→ 0 total(indirect: See Footnotes)Exercise: $11.50→ Class A Common Stock (358,400 underlying) - Other
Class A Common Stock
2020-09-04+484,352→ 4,375,852 total(indirect: See Footnotes)
Footnotes (7)
- [F1]Reflects securities of Ranpak Holdings Corp. (the "Issuer") directly held by BSOF Master Fund L.P. ("BSOF").
- [F2]Reflects securities of the Issuer directly held by BSOF Master Fund II L.P. ("BSOF II", and together with BSOF, the "BSOF Funds").
- [F3]Pursuant to a registered exchange offer by the Issuer, the BSOF Funds tendered to the Issuer all of the warrants to purchase Class A Common Stock of the Issuer held by them and received 0.22 shares of Class A Common Stock for each of warrant tendered.
- [F4]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.
- [F5](Continued 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.
- [F6]The warrants to purchase shares of Class A Common Stock of the Issuer were exercisable 30 days after June 3, 2019 and were set to expire five years after June 3, 2019 or earlier upon redemption or liquidation.
- [F7]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.
Issuer
Ranpak Holdings Corp.
CIK 0001712463
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001464694
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 12:49 PM ET
- Size
- 33.9 KB