Rita Fisher - Feb 1, 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
Chief Information Officer/EVP
Signature
C. David Watson, Attorney-in-Fact for Rita Fisher
Stock symbol
REYN
Transactions as of
Feb 1, 2023
Transactions value $
-$38,016
Form type
4
Date filed
2/3/2023, 06:19 PM
Previous filing
Mar 8, 2022
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +1.8K +27.21% $0.00 8.41K Feb 1, 2023 Direct
transaction REYN Common Stock Tax liability -$16.3K -549 -6.53% $29.77 7.86K Feb 1, 2023 Direct F1
transaction REYN Common Stock Options Exercise $0 +2.26K +28.69% $0.00 10.1K Feb 1, 2023 Direct
transaction REYN Common Stock Tax liability -$21.7K -728 -7.2% $29.77 9.39K Feb 1, 2023 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 -1.8K -49.99% $0.00 1.8K Feb 1, 2023 Common Stock 1.8K Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -2.26K -33.34% $0.00 4.51K Feb 1, 2023 Common Stock 2.26K Direct F2, F4
transaction REYN Restricted Stock Units Award $0 +7.82K $0.00 7.82K Feb 1, 2023 Common Stock 7.82K Direct F2, F4
* 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 restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.
F3 RSUs vest as follows: 1,799 of the RSUs vested on February 1, 2022, 1,799 of the RSUs vest on February 1, 2023 and 1,800 of the RSUs vest on February 1, 2024.
F4 RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.