Judith A. Sprieser - May 4, 2022 Form 4 Insider Report for NEWELL BRANDS INC. (NWL)

Role: Director
Signature: /s/ Raj Dave, attorney-in-fact for Judith Sprieser
Stock symbol: NWL
Transactions as of: May 4, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/6/2022, 04:19 PM
Previous filing: Feb 8, 2022
Next filing: May 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NWL	Common Stock	Options Exercise	$0	+5.17K		$0.00	5.17K	May 4, 2022	Direct

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	NWL	Restricted Stock Units	Options Exercise	$0	-5.17K	-50%	$0.00	5.17K	May 4, 2022	Common Stock	5.17K		Direct	F1, F2
transaction	NWL	Restricted Stock Units	Award	$0	+7.08K		$0.00	7.08K	May 5, 2022	Common Stock	7.08K		Direct	F1, F2, F3
holding	NWL	Deferred RSU Phantom Stock						28.8K	May 4, 2022	Common Stock	28.8K		Direct	F2, F4, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock.
F2	N/A
F3	The award shall vest in full upon the earlier of: (i) the first anniversary of the grant date of the award; or (ii) the date immediately preceding the date of the Company's 2023 annual meeting of its stockholders, provided the reporting person remains in continuous service on the Board until such date.
F4	Represents vested awards of 26,642 restricted stock units ("RSUs") made in 2018, 2019, and 2020, pursuant to the Newell Rubbermaid Inc. 2013 Incentive Plan. The reporting person elected to defer settlement on the scheduled vesting date and the RSUs instead converted to an equal number of phantom stock units, in accordance with the Company's 2008 Deferred Compensation Plan ("DCP"). The phantom stock units will settle on a one for one basis for shares of the Company's Common Stock after the end of the reporting person's service on the Company's Board.
F5	The reporting person's phantom stock units will convert to shares of the Company's Common Stock on a one-for-one basis after the end of the reporting person's service on the Company's Board, in accordance with the DCP.
F6	The reported total includes 2,140.12 additional phantom stock units acquired by the reporting person since the date of her last report pursuant to a dividend reinvestment feature of the DCP. The additional phantom stock units acquired pursuant to the dividend reinvestment feature will be settled for cash after the end of the reporting person's service on the Company's Board.