Michael E. Graham - 01 Feb 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
Chief Financial Officer
Signature
C. David Watson, Attorney-in-Fact for Michael E. Graham
Issuer symbol
REYN
Transactions as of
01 Feb 2022
Net transactions value
-$51,065
Form type
4
Filing time
03 Feb 2022, 17:52:03 UTC
Previous filing
10 Aug 2021
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 +5,671 +55% $0.000000 16,030 01 Feb 2022 Direct
transaction REYN Common Stock Tax liability $51,065 -1,687 -11% $30.27 14,343 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 -5,671 -33% $0.000000 11,344 01 Feb 2022 Common Stock 5,671 Direct F2, F3
transaction REYN Restricted Stock Units Award $0 +18,467 $0.000000 18,467 01 Feb 2022 Common Stock 18,467 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 ("RSU").
F2 Each RSU represents a contingent right to receive one share of the Company's common stock.
F3 RSUs vest as follows: 5,671 shares vest on February 1, 2022, 5,672 shares vest on February 1, 2023 and 5,672 shares vest on February 1, 2024.
F4 The RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.