Stephan M. Pace - 05 Mar 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Signature
C. David Watson, Attorney-in-Fact for Stephen M. Pace
Issuer symbol
REYN
Transactions as of
05 Mar 2022
Net transactions value
-$14,448
Form type
4
Filing time
08 Mar 2022, 18:15:43 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 +1,878 +25% $0.000000 9,391 05 Mar 2022 Direct
transaction REYN Common Stock Tax liability $14,448 -474 -5% $30.48 8,917 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 -1,878 -50% $0.000000 1,879 05 Mar 2022 Common Stock 1,878 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: 1,878 of the RSUs vested on March 5, 2021, 1,878 of the RSUs vested on March 5, 2022 and 1,879 of the RSUs vest on March 5, 2023.