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

Role
Chief Information Officer/EVP
Signature
C. David Watson, Attorney-in-Fact for Rita Fisher
Issuer symbol
REYN
Transactions as of
01 Feb 2022
Net transactions value
-$17,738
Form type
4
Filing time
03 Feb 2022, 18:03:22 UTC
Previous filing
07 May 2021
Next filing
08 Feb 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 +1,799 +69% $0.000000 4,399 01 Feb 2022 Direct
transaction REYN Common Stock Award $17,738 -586 -13% $30.27 3,813 01 Feb 2022 Direct F1

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 -1,799 -33% $0.000000 3,599 01 Feb 2022 Common Stock 1,799 Direct F2, F3
transaction REYN Restricted Stock Units Award $0 +6,764 $0.000000 6,764 01 Feb 2022 Common Stock 6,764 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 restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.
F3 RSUs vest as follows: 1,799 of the RSUs vested on February 1, 2022, 1,799 of the RSUs vest on February 1, 2023 and 1,800 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.