Michael E. Graham - 05 Mar 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Signature
C. David Watson, Attorney-in-Fact for Michael E. Graham
Issuer symbol
REYN
Transactions as of
05 Mar 2022
Net transactions value
-$26,487
Form type
4
Filing time
08 Mar 2022, 18:11:36 UTC
Previous filing
08 Feb 2022
Next filing
03 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +3,329 +18% $0.000000 21,431 05 Mar 2022 Direct
transaction REYN Common Stock Tax liability $26,487 -869 -4.1% $30.48 20,562 05 Mar 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 -3,329 -50% $0.000000 3,329 05 Mar 2022 Common Stock 3,329 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 restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.
F3 RSUs vest as follows: 3,329 of the RSUs vested on March 5, 2021, 3,329 of the RSUs vested on March 5, 2022 and 3,329 of the RSUs vest on March 5, 2023.