Calero Miguel Angel Fernandez - 06 Apr 2023 Form 4 Insider Report for TUPPERWARE BRANDS CORP (TUPBQ)

Role
Chief Executive Officer, Director
Signature
/s/ Karen M. Sheehan, attorney-in-fact
Issuer symbol
TUPBQ
Transactions as of
06 Apr 2023
Net transactions value
+$282,559
Form type
4
Filing time
10 Apr 2023, 17:00:38 UTC
Previous filing
13 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TUP Common Stock Tax liability $83,587 -34,540 -7.2% $2.42 444,440 06 Apr 2023 Direct F1
transaction TUP Common Stock Award $366,146 +151,300 +34% $2.42 595,740 06 Apr 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were withheld by the Issuer upon the vesting of 1/3 of the reporting person's April 6, 2020 restricted stock units award to cover the resulting tax liability. On April 6, 2020, the reporting person was granted 425,532 restricted stock units with a vesting schedule of 3 equal annual installments beginning on April 6, 2021, the first anniversary of the grant.
F2 Represents shares awarded to reporting person in connection with the vesting of performance-based PSUs initially awarded on April 6, 2020. 48,700 shares were surrendered to cover the resulting tax liability.