| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NWL | Restricted Stock Units | Award | $0 | +18.3K | $0.00 | 18.3K | May 16, 2023 | Common Stock | 18.3K | Direct | F1, F2, F3 | ||
| holding | NWL | Deferred RSU Phantom Stock | 44.3K | May 16, 2023 | Common Stock | 44.3K | Direct | F3, F4, F5, F6 | ||||||
| holding | NWL | Deferred Compensation Phantom Stock | 31.9K | May 16, 2023 | Common Stock | 31.9K | Direct | F3, F7, F8, F9, F10 |
| Id | Content |
|---|---|
| F1 | Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock |
| F2 | 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 2024 annual meeting of its stockholders, provided the Reporting Person remains in continuous service on the Board until such date. The Reporting Person elected to defer settlement on the scheduled vesting date and the restricted stock units ("RSUs") instead will convert to an equal number of phantom stock units, in accordance with the 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. |
| F3 | N/A |
| F4 | The reporting person's phantom stock units will convert to shares of the Company's Common Stock on a one for one basis (or with respect to units acquired through dividend reinvestment, be paid in cash) after the end of the reporting person's service on the Company's Board, in accordance with the DCP. |
| F5 | Includes vested awards of 39,809 RSUs granted in 2018, 2019, 2020 and 2021, pursuant to the Newell Rubbermaid Inc. 2013 Incentive Plan, and in 2022 pursuant to the Newell Brands Inc. 2022 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 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. |
| F6 | The reported total includes 4,515.12 phantom stock units acquired by the reporting person pursuant to a dividend reinvestment feature of the DCP, of which 1,315.11 phantom stock units were acquired since the date of his last report. 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. |
| F7 | Pursuant to the DCP, non-employee directors who earn quarterly cash retainer fees for their services on the Company's Board may elect to defer receipt of their quarterly cash fees until after the end of the director's service on the Board, and to direct the investment of the deferred cash into phantom stock units which track the performance of the Company's Common Stock for the duration of the deferral period. The number of phantom stock units so acquired is calculated by dividing the deferred cash retainer amount by the closing price for the Company's Common Stock on the date the cash retainer is payable. Each unit is the economic equivalent of one share of Common Stock of the Company. |
| F8 | The aggregate value of the phantom stock units, including any additional phantom stock units acquired through dividend reinvestment during the deferral period, will be paid out in cash to the reporting person after the end of his service on the Board. At such time, the cash value of all of the phantom stock units will be calculated based on the closing price for the Company's Common Stock on the payment date, in accordance with the DCP and the reporting person's elections for his director compensation for the year in which the units were earned, which elections are on file with the Company. |
| F9 | At the end of the deferral period, the cash value of the phantom stock units will be calculated based on the closing price for the Company's Common Stock on the payment date, in accordance with the DCP and the reporting person's elections for his director compensation for the year in which the units were earned, which elections are on file with the Company |
| F10 | Includes 28,137.66 phantom stock units acquired from the deferral of director compensation, pursuant to the DCP, between 2018 and 2022 and 3,780.28 phantom stock units acquired pursuant to a dividend reinvestment feature of the DCP, of which 1,127.10 phantom stock units were acquired since the date of his last report. |