Michael E. Graham - 01 Feb 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
Chief Financial Officer
Signature
C. David Watson, Attorney-in-Fact for Michael E. Graham
Issuer symbol
REYN
Transactions as of
01 Feb 2023
Net transactions value
-$99,194
Form type
4
Filing time
03 Feb 2023, 18:23:31 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 +5,672 +28% $0.000000 26,234 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $48,019 -1,613 -6.1% $29.77 24,621 01 Feb 2023 Direct F1
transaction REYN Common Stock Options Exercise $0 +6,156 +25% $0.000000 30,777 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $51,175 -1,719 -5.6% $29.77 29,058 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 -5,672 -50% $0.000000 5,672 01 Feb 2023 Common Stock 5,672 Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -6,156 -33% $0.000000 12,311 01 Feb 2023 Common Stock 6,156 Direct F2, F4
transaction REYN Restricted Stock Units Award $0 +18,635 $0.000000 18,635 01 Feb 2023 Common Stock 18,635 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: 5,671 shares vested on February 1, 2022, 5,672 shares vest on February 1, 2023 and 5,672 shares vest on February 1, 2024.
F4 The RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.