Stephan M. Pace - 04 Feb 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Signature
C. David Watson, Attorney-in-Fact for Stephan M. Pace
Issuer symbol
REYN
Transactions as of
04 Feb 2023
Net transactions value
-$20,400
Form type
4
Filing time
07 Feb 2023, 16:20:23 UTC
Previous filing
03 Feb 2023
Next filing
09 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +2,886 +21% $0.000000 16,421 04 Feb 2023 Direct
transaction REYN Common Stock Tax liability $20,400 -680 -4.1% $30.00 15,741 04 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 -2,886 -100% $0.000000* 0 04 Feb 2023 Common Stock 2,886 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: 2,886 of the RSUs vested on February 4, 2021, 2,886 of the RSUs vested on February 4, 2022 and 2,886 of the RSUs vest on February 4, 2023.