V. Lance Mitchell - Mar 5, 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
President and CEO, Director
Signature
C. David Watson, Attorney-in-Fact for V. Lance Mitchell
Stock symbol
REYN
Transactions as of
Mar 5, 2022
Transactions value $
-$134,965
Form type
4
Date filed
3/8/2022, 06:14 PM
Previous filing
Feb 8, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +10.8K +15.92% $0.00 78.4K Mar 5, 2022 Direct
transaction REYN Common Stock Tax liability -$135K -4.43K -5.65% $30.48 74K 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 -10.8K -50% $0.00 10.8K Mar 5, 2022 Common Stock 10.8K 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: 10,770 of the RSUs vested on March 5, 2021, 10,770 of the RSUs vested on March 5, 2022 and 10,771 of the RSUs vest on March 5, 2023.