| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NWL | Common Stock | Options Exercise | $0 | +35.8K | +77.64% | $0.00 | 81.9K | Feb 18, 2022 | Direct | F1, F2 |
| transaction | NWL | Common Stock | Tax liability | -$281K | -10.9K | -13.3% | $25.86 | 71K | Feb 18, 2022 | Direct | F2, F3 |
| transaction | NWL | Common Stock | Options Exercise | $0 | +5.14K | +7.25% | $0.00 | 76.1K | Feb 18, 2022 | Direct | F2 |
| transaction | NWL | Common Stock | Tax liability | -$60K | -2.32K | -3.05% | $25.86 | 73.8K | Feb 18, 2022 | Direct | F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NWL | Restricted Stock Units | Options Exercise | $0 | -35.8K | -100% | $0.00* | 0 | Feb 18, 2022 | Common Stock | 35.8K | Direct | F4, F5, F6 | |
| transaction | NWL | Restricted Stock Units | Options Exercise | $0 | -5.14K | -100% | $0.00* | 0 | Feb 18, 2022 | Common Stock | 5.14K | Direct | F7, F8, F9 | |
| transaction | NWL | Restricted Stock Units | Award | $0 | +8.8K | $0.00 | 8.8K | Feb 18, 2022 | Common Stock | 8.8K | Direct | F9, F10, F11 | ||
| transaction | NWL | Stock Option (Right to Buy) | Award | $0 | +66K | $0.00 | 66K | Feb 18, 2022 | Common Stock | 66K | $25.86 | Direct | F12 |
| Id | Content |
|---|---|
| F1 | The Company's Compensation and Human Capital Committee certified achievement of the pre-established performance goals resulting in the vesting of the Reporting Person's target shares. As discussed below, the terms of the Reporting Person's Performance Based Restricted Stock units provided for the payout of 0% to 200% of the original grant based on actual achievement of performance metrics related to relative total shareholder return and cumulative free cash flow between January 1, 2019 and December 31, 2021. |
| F2 | 4,062.19 shares of this total are shares jointly owned with the Reporting Person's spouse. |
| F3 | Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on February 18, 2022 |
| F4 | Each Performance Based Restricted stock unit represents the right to receive, the following vesting between 0% and 200% percent of one share of the Company's common stock. |
| F5 | Each performance-based restricted stock unit represents the right to receive, following vesting, between 0% and 200% of one share of the Company's common stock based upon the achievement of pre-established performance metrics related to relative total shareholder return over a 2-year period beginning January 1, 2019 and ending December 31, 2021, and certification of such performance by the Company's Compensation Committee following the conclusion of the performance period. |
| F6 | If and to the extent the relevant performance criteria are not met, the performance-based restricted stock unit grant expires on the third anniversary of the grant date with a payout of 0%. |
| F7 | Restricted stock units convert into shares of the Company's common stock on a one-for-one basis |
| F8 | Represents the vesting of the of restricted stock units granted to the Reporting Person on February 19, 2019. The grant vested ratably in one-third increments on the first, second and third anniversaries of the award date, pursuant to the terms of the grant agreement. |
| F9 | N/A |
| F10 | Each restricted stock unit represents a contingent right to receive one share of the Company's common stock |
| F11 | The entire award will vest on the third anniversary of the grant date, subject to the Reporting Person's continuous employment with the Company |
| F12 | The option vests ratably in one-third increments on the first, second and third anniversaries of the grant date. |