Michael F. McMahon - 01 Feb 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
VP-Senior Sales Team
Signature
C. David Watson, Attorney-in-Fact for Michael F. McMahon
Issuer symbol
REYN
Transactions as of
01 Feb 2023
Net transactions value
-$15,123
Form type
4
Filing time
03 Feb 2023, 18:24:30 UTC
Previous filing
08 Mar 2022
Next filing
09 Mar 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 +646 +37% $0.000000 2,405 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $5,865 -197 -8.2% $29.77 2,208 01 Feb 2023 Direct F1
transaction REYN Common Stock Options Exercise $0 +957 +43% $0.000000 3,165 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $9,258 -311 -9.8% $29.77 2,854 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 -646 -50% $0.000000 647 01 Feb 2023 Common Stock 646 Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -957 -33% $0.000000 1,912 01 Feb 2023 Common Stock 957 Direct F2, F4
transaction REYN Restricted Stock Units Award $0 +2,895 $0.000000 2,895 01 Feb 2023 Common Stock 2,895 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 RSU represents a contingent right to receive one share of the Company's common stock.
F3 RSUs vest as follows: 646 of the RSUs vested on February 1, 2022, 646 of the RSUs vest on February 1, 2023 and 647 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.