Patrick D. Campbell - May 9, 2024 Form 4 Insider Report for NEWELL BRANDS INC. (NWL)

Role
Director
Signature
/s/ Bradford R. Turner, Attorney In Fact for Patrick D. Campbell
Stock symbol
NWL
Transactions as of
May 9, 2024
Transactions value $
$0
Form type
4
Date filed
5/10/2024, 04:23 PM
Previous filing
Mar 21, 2024
Next filing
May 14, 2024

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 +Grant/Award $0 +19,441 $0.00 0 May 9, 2024 Common Stock 19,441 Direct F1, F2, F3
holding NWL Deferred RSU Phantom Stock 64,051 May 9, 2024 Common Stock 64,051 Direct F3, F4, F5, F6

Explanation of Responses:

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 Company's next annual meeting of stockholders, which is at least 50 weeks after the Company's 2024 annual meeting of stockholders, provided the Reporting Person remains in continuous service on the Company's Board of Directors. The Reporting Person elected to defer settlement on the scheduled vesting date and the restricted stock units ("RSU's") 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 Persons 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 after the end of the reporting person's service on the Company's Board, in accordance with the DCP.
F5 Represents a vested award of 58,094 RSU's granted in 2018, 2019, 2020 and 2021, pursuant to the Newell Rubbermaid Inc. 2013 Incentive Plan, and in 2022 and 2023 pursuant to the Newell Brands Inc. 2022 Incentive Plan. The Reporting Person elected to defer settlement on the scheduled vesting date and the RSU's 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 report total includes 5,956.51 phantom stock units acquired by the Reporting Person pursuant to a dividend reinvestment feature of the DCP, of which 1,441.39 phantom stock units were acquired since the date of the 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.