Michal J. Geller - 04 May 2023 Form 4 Insider Report for NEWELL BRANDS INC. (NWL)

Signature
/s/ Raj Dave, Attorney-In-Fact for Michal J. Geller
Issuer symbol
NWL
Transactions as of
04 May 2023
Net transactions value
-$22,798
Form type
4
Filing time
08 May 2023, 16:02:45 UTC
Previous filing
22 Feb 2023
Next filing
07 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWL Common Stock Options Exercise $0 +6,237 +159% $0.000000 10,150 04 May 2023 Direct
transaction NWL Common Stock Tax liability $22,798 -2,324 -23% $9.81 7,826 04 May 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 NWL Restricted Stock Units Options Exercise $0 -6,237 -50% $0.000000 6,237 04 May 2023 Common Stock 6,237 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on May 4, 2023
F2 Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock.
F3 Represents the vesting of the second tranche of restricted stock units granted to the Reporting Person on May 4, 2021. The award vested ratably in one-half increments on the first and second anniversaries of the award date.
F4 N/A