Sec Form 4 Filing - Begle Curt @ Magnera Corp - 2024-11-04

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Begle Curt
2. Issuer Name and Ticker or Trading Symbol
Magnera Corp [ MAGN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President & CEO
(Last) (First) (Middle)
9335 HARRIS CORNERS PKWY, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
11/04/2024
(Street)
CHARLOTTE, NC28269
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, Par Value $.01 2,576 ( 1 ) I The Crue Meisler Begle Trust ( 2 )
Common Stock, Par Value $.01 3,083 ( 1 ) I The Curtis L. Begle 2022 GRAT ( 3 )
Common Stock, Par Value $.01 280 ( 1 ) I The Curtis L. Begle Living Trust ( 4 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 5 ) 11/04/2024 A 54,631 11/04/2025( 6 ) 11/04/2027 Common Stock, Par Value $.01 54,631 $ 0 54,631 D
Restricted Stock Units ( 5 ) 11/04/2024 A 71,258 11/04/2027( 7 ) 11/04/2027 Common Stock, Par Value $.01 71,258 $ 0 71,258 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Begle Curt
9335 HARRIS CORNERS PKWY
SUITE 300
CHARLOTTE, NC28269
X President & CEO
Signatures
/s/ Laura A. Jones, attorney-in-fact for Curt Begle 11/06/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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.
( 3 )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.
( 4 )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.
( 5 )Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
( 6 )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.
( 7 )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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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