Stephen C. Estes - Feb 4, 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role: Chief Administrative Officer
Signature: C. David Watson, Attorney-in-Fact for Stephen C. Estes
Stock symbol: REYN
Transactions as of: Feb 4, 2022
Transactions value $: -$27,367
Form type: 4
Date filed: 2/8/2022, 08:20 PM
Previous filing: Feb 3, 2022
Next filing: Feb 3, 2023
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	+3.37K	+64.64%	$0.00	8.57K	Feb 4, 2022	Direct
transaction	REYN	Common Stock	Tax liability	-$27.4K	-908	-10.59%	$30.14	7.66K	Feb 4, 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	-3.37K	-49.99%	$0.00	3.37K	Feb 4, 2022	Common Stock	3.37K		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: 3,365 of the RSUs vested on February 4, 2021, 3,365 of the RSUs vested on February 4, 2022 and 3,366 of the RSUs vest on February 4, 2023.