V. LANCE MITCHELL - 04 Feb 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Signature
C. David Watson, Attorney-in-Fact for V. Lance Mitchell
Issuer symbol
REYN
Transactions as of
04 Feb 2022
Net transactions value
-$188,646
Form type
4
Filing time
08 Feb 2022, 20:17:48 UTC
Previous filing
03 Feb 2022
Next filing
08 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +19,872 +37% $0.000000 73,910 04 Feb 2022 Direct
transaction REYN Common Stock Tax liability $188,646 -6,259 -8.5% $30.14 67,651 04 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 -19,872 -50% $0.000000 19,872 04 Feb 2022 Common Stock 19,872 Direct F2, F3
* 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: 19,871 of the RSUs vested on February 4, 2021, 19,872 of the RSUs vested on February 4, 2022 and 19,872 of the RSUs vest on February 4, 2023.