David Watson - Mar 5, 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
Chief Legal Counsel/Corp Sec
Signature
C. David Watson
Stock symbol
REYN
Transactions as of
Mar 5, 2022
Transactions value $
-$518
Form type
4
Date filed
3/8/2022, 06:17 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 +56 +22.95% $0.00 300 Mar 5, 2022 Direct
transaction REYN Common Stock Tax liability -$518 -17 -5.67% $30.48 283 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 -56 -50% $0.00 56 Mar 5, 2022 Common Stock 56 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: 56 of the RSUs vested on March 5, 2021, 56 of the RSUs vested on March 5, 2022 and 56 of the RSUs vest on March 5, 2023.