Craig E. Cappel - Mar 5, 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role: President, Reynolds Cook&Bake
Signature: C. David Watson, Attorney-in-Fact for Craig E. Cappel
Stock symbol: REYN
Transactions as of: Mar 5, 2022
Transactions value $: -$14,874
Form type: 4
Date filed: 3/8/2022, 06:10 PM
Previous filing: Feb 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REYN	Common Stock	Options Exercise	$0	+1.93K	+25.16%	$0.00	9.62K	Mar 5, 2022	Direct
transaction	REYN	Common Stock	Tax liability	-$14.9K	-488	-5.07%	$30.48	9.13K	Mar 5, 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	-1.93K	-50%	$0.00	1.93K	Mar 5, 2022	Common Stock	1.93K		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: 1,934 of the RSUs vested on March 5, 2021, 1,934 of the RSUs vested on March 5, 2022 and 1,934 of the RSUs vest on March 5, 2023.