Judith K. Buckner - 01 Feb 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
President, Reynolds Cook&Bake
Signature
C. David Watson, Attorney-in-Fact for Judith K. Buckner
Issuer symbol
REYN
Transactions as of
01 Feb 2023
Transactions value $
$-54,985
Form type
4
Filing time
03 Feb 2023, 18:20:18 UTC
Previous filing
08 Mar 2022
Next filing
07 Feb 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 +2,758 +39.4% $0.000000 9,761 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $-25,066 -842 -8.63% $29.77 8,919 01 Feb 2023 Direct F1
transaction REYN Common Stock Options Exercise $0 +3,555 +39.9% $0.000000 12,474 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $-29,919 -1,005 -8.06% $29.77 11,469 01 Feb 2023 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 -2,758 -50% $0.000000 2,758 01 Feb 2023 Common Stock 2,758 Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -3,555 -33.3% $0.000000 7,108 01 Feb 2023 Common Stock 3,555 Direct F2, F4
transaction REYN Restricted Stock Units Award $0 +11,892 $0.000000 11,892 01 Feb 2023 Common Stock 11,892 Direct F2, F4
* 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: 2,757 of the RSUs vested on February 1, 2022, 2,758 of the RSUs vest on February 1, 2023 and 2,758 of the RSUs vest on February 1, 2024.
F4 RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.