Lisa M. Smith - Mar 5, 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
President, Hefty Waste&Storage
Signature
C. David Watson, Attorney-in-Fact for Lisa M. Smith
Stock symbol
REYN
Transactions as of
Mar 5, 2022
Transactions value $
-$3,200
Form type
4
Date filed
3/8/2022, 06:16 PM
Previous filing
Feb 3, 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 +417 +19.79% $0.00 2.52K Mar 5, 2022 Direct
transaction REYN Common Stock Tax liability -$3.2K -105 -4.16% $30.48 2.42K 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 -417 -50% $0.00 417 Mar 5, 2022 Common Stock 417 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: 416 of the RSUs vested on March 5, 2021, 417 of the RSUs vested on March 5, 2022 and 417 of the RSUs vest on March 5, 2023.