Michael P. McDermott - 05 Jul 2024 Form 4 Insider Report for NEWELL BRANDS INC. (NWL)

Signature
/s/ Bradford R. Turner, Attorney in Fact for Michael McDermott
Issuer symbol
NWL
Transactions as of
05 Jul 2024
Net transactions value
-$206,840
Form type
4
Filing time
09 Jul 2024, 16:10:54 UTC
Previous filing
21 Feb 2024
Next filing
18 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWL Common Stock Options Exercise $0 +87,751 +264% $0.000000 120,978 05 Jul 2024 Direct F1
transaction NWL Common Stock Tax liability $206,840 -34,132 -28% $6.06 86,846 05 Jul 2024 Direct F2
holding NWL Common Stock 3,622 05 Jul 2024 By 401(k) F3

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 -87,751 -100% $0.000000* 0 05 Jul 2024 Common Stock 87,751 Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on July 5, 2024.
F3 Represents shares held by the reporting person in the Newell Brands Employee Savings Plan, a 401(k) plan.
F4 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F5 Represents the vesting of the restricted stock units granted to the Reporting Person on July 5, 2023. The award vests on the first anniversary of the award date.
F6 N/A