Rita Fisher - 01 Feb 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
Issuer symbol
REYN
Transactions as of
01 Feb 2023
Net transactions value
-$38,016
Form type
4
Filing time
03 Feb 2023, 18:19:52 UTC
Previous filing
08 Mar 2022
Next filing
07 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +1,799 +27% $0.000000 8,410 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $16,344 -549 -6.5% $29.77 7,861 01 Feb 2023 Direct F1
transaction REYN Common Stock Options Exercise $0 +2,255 +29% $0.000000 10,116 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $21,673 -728 -7.2% $29.77 9,388 01 Feb 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 -1,799 -50% $0.000000 1,800 01 Feb 2023 Common Stock 1,799 Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -2,255 -33% $0.000000 4,509 01 Feb 2023 Common Stock 2,255 Direct F2, F4
transaction REYN Restricted Stock Units Award $0 +7,819 $0.000000 7,819 01 Feb 2023 Common Stock 7,819 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.