Mark J. Erceg - 16 Feb 2024 Form 4 Insider Report for NEWELL BRANDS INC. (NWL)

Role
Chief Financial Officer
Signature
/s/ Bradford R. Turner, Attorney in Fact for Mark J. Erceg
Issuer symbol
NWL
Transactions as of
16 Feb 2024
Net transactions value
-$95,468
Form type
4
Filing time
21 Feb 2024, 16:26:19 UTC
Previous filing
05 May 2023
Next filing
14 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWL Common Stock Options Exercise $0 +40,268 +17% $0.000000 283,993 17 Feb 2024 Direct F1
transaction NWL Common Stock Tax liability $95,468 -12,447 -4.4% $7.67 271,546 16 Feb 2024 Direct F2

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 -40,268 -100% $0.000000* 0 17 Feb 2024 Common Stock 40,268 Direct F1, F3, F4
transaction NWL Restricted Stock Units Award $0 +234,680 $0.000000 234,680 16 Feb 2024 Common Stock 234,680 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2 Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on February 16, 2024.
F3 The restricted stock unit vests ratably in one-third increments on the grant date's first, second and third anniversaries, subject to the Reporting Person's continuous employment with the Company.
F4 N/A