Judith K. Buckner - 04 Feb 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Signature
C. David Watson, Attorney-in-fact for Judith K. Buckner
Issuer symbol
REYN
Transactions as of
04 Feb 2022
Transactions value $
-$18,295
Form type
4
Filing time
08 Feb 2022, 20:18:48 UTC
Previous filing
03 Feb 2022
Next filing
08 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +2,212 +51% $0 6,534 04 Feb 2022 Direct
transaction REYN Common Stock Tax liability -$18,294 -607 -9.3% $30.14 5,927 04 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 -2,212 -50% $0 2,212 04 Feb 2022 Common Stock 2,212 Direct F2, F3
* 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: 2,211 of the RSUs vested on February 4, 2021, 2,212 of the RSUs vested on February 4, 2021 and 2,212 of the RSUs vest on February 1, 2022.