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 | May 16, 2023 | Common Stock | 140K | $8.75 | Direct | F1, F2 |
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). |