Judith K. Buckner - 01 Feb 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role: President, Presto Products
Signature: C. David Watson, Attorney-in-Fact for Judith K. Buckner
Issuer symbol: REYN
Transactions as of: 01 Feb 2022
Transactions value $: $-27,213
Form type: 4
Filing time: 03 Feb 2022, 17:50:47 UTC
Next filing: 08 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REYN	Common Stock	Options Exercise	$0	+2,757	+112%	$0.000000	5,221	01 Feb 2022	Direct
transaction	REYN	Common Stock	Tax liability	$-27,213	-899	-17.2%	$30.27	4,322	01 Feb 2022	Direct	F1

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	REYN	Restricted Stock Units	Options Exercise	$0	-2,757	-33.3%	$0.000000	5,516	01 Feb 2022	Common Stock	2,757		Direct	F2, F3
transaction	REYN	Restricted Stock Units	Award	$0	+10,663		$0.000000	10,663	01 Feb 2022	Common Stock	10,663		Direct	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld by Reynolds Consumer Products Inc. (the "Company") to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").
F2	Each RSU represents a contingent right to receive one share of the Company's common stock.
F3	RSUs vest as follows: 2,757 of the RSUs vested on February 1, 2022, 2,758 of the RSUs vest on February 1, 2023 and 2,758 of the RSUs vest on February 1, 2024.
F4	RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.