Robert Allan Steele - 16 May 2023 Form 4 Insider Report for NEWELL BRANDS INC. (NWL)

Role
Director
Signature
/s/ Raj Dave, attorney-in-fact for Robert Allan Steele
Issuer symbol
NWL
Transactions as of
16 May 2023
Transactions value $
$0
Form type
4
Filing time
18 May 2023, 16:13:06 UTC
Previous filing
09 May 2023
Next filing
16 Jun 2023
SEC
View on sec.gov

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 Stock Option (Right to Buy) Award $0 +140K $0.00 140K 16 May 2023 Common Stock 140K $8.75 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option award, granted under the Newell Brands Inc. 2022 Incentive Plan, vests in full on the earlier of: (i) the first anniversary of the date of the grant or (ii) the date immediately preceding the date of the 2024 annual meeting of stockholders, in each case provided the Reporting Person remains on the Board until such date.
F2 The award will remain outstanding for a ten-year term from the grant date. If the Reporting Person's service on the Board terminates, he shall remain entitled to exercise the vested portion of the stock option for a period of up to five years (not to exceed the remaining term of the grant).