Ravichandra K. Saligram - Oct 2, 2021 Form 4 Insider Report for NEWELL BRANDS INC. (NWL)

Role: President and CEO, Director
Signature: /s/ Raj Dave, Attorney in Fact for Ravichandra K. Saligram
Stock symbol: NWL
Transactions as of: Oct 2, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/5/2021, 04:03 PM
Previous filing: Oct 7, 2021
Next filing: Dec 22, 2021

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	NWL	Options (Right to Buy)	Award	$0	+444K	+100%	$0.00	889K	Oct 2, 2021	Common Stock	444K	$17.79	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On October 2, 2019 (the "Grant Date"), the Reporting Person was granted an award of 1,333,333 options. The option award vests in three (3) equal installments on the 18 month, second and third anniversaries of the Grant Date after the satisfaction of the following performance condition: the Company's closing stock price (as reported on the Nasdaq Stock Exchange) for any 30 continuous calendar day period between the 18-calendar month and third anniversary of the Grant Date must exceed 125% of the closing stock price of the Company's common stock on July 29, 2019 (the "Performance Criteria"). As previously reported, the Performance Criteria have been met and the first installment of 444,444 options has vested and became exercisable. The second installment, consisting of 444,444 options, vested and became exercisable on October 2, 2021.
F2	Options expire on the tenth anniversary of the Grant Date. If the Reporting Person's employment with the Company terminates due to death, disability or retirement, then the options shall continue to vest as stated above, and shall instead expire on the third anniversary of the later of the Reporting Person's: (1) termination of employment or (ii) applicable vesting date, provided that any such date shall occur prior to the tenth anniversary of the Grant Date.

Content

On October 2, 2019 (the "Grant Date"), the Reporting Person was granted an award of 1,333,333 options. The option award vests in three (3) equal installments on the 18 month, second and third anniversaries of the Grant Date after the satisfaction of the following performance condition: the Company's closing stock price (as reported on the Nasdaq Stock Exchange) for any 30 continuous calendar day period between the 18-calendar month and third anniversary of the Grant Date must exceed 125% of the closing stock price of the Company's common stock on July 29, 2019 (the "Performance Criteria"). As previously reported, the Performance Criteria have been met and the first installment of 444,444 options has vested and became exercisable. The second installment, consisting of 444,444 options, vested and became exercisable on October 2, 2021.

Options expire on the tenth anniversary of the Grant Date. If the Reporting Person's employment with the Company terminates due to death, disability or retirement, then the options shall continue to vest as stated above, and shall instead expire on the third anniversary of the later of the Reporting Person's: (1) termination of employment or (ii) applicable vesting date, provided that any such date shall occur prior to the tenth anniversary of the Grant Date.