Chris Mayrhofer - 05 Mar 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Signature
C. David Watson, Attorney-in Fact for Chris Mayrhofer
Issuer symbol
REYN
Transactions as of
05 Mar 2022
Net transactions value
-$6,340
Form type
4
Filing time
08 Mar 2022, 18:12:25 UTC
Previous filing
03 Feb 2022
Next filing
03 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +1,042 +65% $0.000000 2,650 05 Mar 2022 Direct
transaction REYN Common Stock Tax liability $6,340 -208 -7.8% $30.48 2,442 05 Mar 2022 Direct F1
holding REYN Common Stock 13,000 05 Mar 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 -1,042 -50% $0.000000 1,042 05 Mar 2022 Common Stock 1,042 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: 1,042 of the RSUs vested on March 5, 2021, 1,042 of the RSUs vested on March 5, 2022 and 1,042 of the RSUs vest on March 5, 2023.