Kristine Malkoski - May 5, 2023 Form 4 Insider Report for NEWELL BRANDS INC. (NWL)

Role: Segment CEO - Learning & Dev.
Signature: /s/ Raj Dave, Attorney in Fact for Kristine K. Malkoski
Stock symbol: NWL
Transactions as of: May 5, 2023
Transactions value $: -$3,367
Form type: 4
Date filed: 5/9/2023, 04:43 PM
Previous filing: Feb 22, 2023
Next filing: Jul 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NWL	Common Stock	Options Exercise	$0	+1.11K	+12.49%	$0.00	9.96K	May 5, 2023	Direct	F1
transaction	NWL	Common Stock	Tax liability	-$3.37K	-333	-3.34%	$10.11	9.63K	May 5, 2023	Direct	F2
holding	NWL	Common Stock						10.9K	May 5, 2023	By Spouse
holding	NWL	Common Stock						900	May 5, 2023	Direct	F3

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	-1.11K	-100%	$0.00^*	0	May 5, 2023	Common Stock	1.11K		Direct	F4, F5, F6

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

Explanation of Responses:

Id	Content
F1	The Company's Compensation and Human Capital Committee certified the partial achievement of the pre-established performance goals resulting in the vesting of a portion of the Reporting Person's performance-based restricted stock units ("PRSUs") granted on May 5, 2022 (the "Grant Date"). The terms of the PRSU award provided for vesting on the one year anniversary of the Grant Date based on the actual achievement of performance metrics in the Writing business unit, subject to the Reporting Person's continuous employment with the Company.
F2	Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on May 5, 2023.
F3	Represents shares owned in a joint account with the Reporting Person's spouse.
F4	Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F5	The entire award may vest on the one year anniversary of the Grant Date, subject to the achievement of pre-established performance metrics in the Writing business unit and the Reporting Person's continuous employment with the Company.
F6	If and to the extent the relevant performance criteria are not met, the PRSU grant expires on the one year anniversary of the Grant Date with a payout 0%.