Chris Mayrhofer - 01 Feb 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role: VP, Controller & CAO
Signature: C. David Watson, Attorney-in-Fact for Chris Mayrhofer
Issuer symbol: REYN
Transactions as of: 01 Feb 2022
Net transactions value: -$9,384
Form type: 4
Filing time: 03 Feb 2022, 18:00:18 UTC
Previous filing: 09 Aug 2021
Next filing: 08 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REYN	Common Stock	Options Exercise	$0	+1,129	+143%	$0.000000	1,918	01 Feb 2022	Direct
transaction	REYN	Common Stock	Tax liability	$9,384	-310	-16%	$30.27	1,608	01 Feb 2022	Direct	F1
holding	REYN	Common Stock						13,000	01 Feb 2022	By Spouse

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	REYN	Restricted Stock Units	Options Exercise	$0	-1,129	-33%	$0.000000	2,259	01 Feb 2022	Common Stock	1,129		Direct	F2, F3
transaction	REYN	Restricted Stock Units	Award	$0	+3,405		$0.000000	3,405	01 Feb 2022	Common Stock	3,405		Direct	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld by Reynolds Consumer Products, Inc. (the "Company") to satisfy tax withholding obligations on the vesting of restricted stock units ("RSUs").
F2	Each RSU represents a contingent right to receive one share of the Company's common stock.
F3	RSUs vest as follows: 1,129 of the RSUs vested on February 1, 2022, 1,129 of the RSUs vest on February 1, 2023 and 1,130 of the RSUs vest on February 1, 2024.
F4	RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.