Nicholas I. Fink - 28 Feb 2023 Form 4 Insider Report for Fortune Brands Innovations, Inc. (FBIN)

Role
Chief Executive Officer, Director
Signature
/s/ Angela M. Pla, Attorney-in-Fact for Nicholas I. Fink
Issuer symbol
FBIN
Transactions as of
28 Feb 2023
Transactions value $
-$605,066
Form type
4
Filing time
02 Mar 2023, 15:57:29 UTC
Previous filing
26 Jan 2023
Next filing
08 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FBIN Common Stock, Par Value $0.01 Tax liability -$605K -9.77K -3.7% $61.95 254K 28 Feb 2023 Direct F1, F2
transaction FBIN Common Stock, Par Value $0.01 Gift $0 -1.88K -0.74% $0.00 253K 28 Feb 2023 Direct F2, F3
transaction FBIN Common Stock, Par Value $0.01 Gift $0 +1.1K +45.53% $0.00 3.52K 28 Feb 2023 Held by trusts for the benefit of heirs F3
transaction FBIN Common Stock, Par Value $0.01 Gift $0 +776 $0.00 776 28 Feb 2023 By Spouse F3
transaction FBIN Common Stock, Par Value $0.01 Gift $0 -776 -100% $0.00* 0 01 Mar 2023 By Spouse F3
transaction FBIN Common Stock, Par Value $0.01 Gift $0 +776 +22.07% $0.00 4.29K 01 Mar 2023 Held by trusts for the benefit of heirs F3
holding FBIN Common Stock, Par Value $0.01 31.3K 28 Feb 2023 Held by grantor retained annuity trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the withholding by the issuer of shares having a fair market value equal to the withholding taxes payable by the undersigned at the time the award vested and became payable, such transaction being exempt under Rule 16b-3(e).
F2 Includes a total of 144,196 restricted stock units that have not yet vested.
F3 For financial planning purposes, Mr. Fink and his spouse underwent a series of gifts to trusts for the benefit of their children.