Stephen C. Estes - 04 Feb 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role: Chief Administrative Officer
Signature: C. David Watson, Attorney-in-Fact for Stephen C. Estes
Issuer symbol: REYN
Transactions as of: 04 Feb 2023
Net transactions value: -$23,760
Form type: 4
Filing time: 07 Feb 2023, 16:20:43 UTC
Previous filing: 03 Feb 2023
Next filing: 25 Jan 2024
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	+3,366	+30%	$0.000000	14,475	04 Feb 2023	Direct
transaction	REYN	Common Stock	Tax liability	$23,760	-792	-5.5%	$30.00	13,683	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	-3,366	-100%	$0.000000^*	0	04 Feb 2023	Common Stock	3,366		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: 3,365 of the RSUs vested on February 4, 2021, 3,365 of the RSUs vested on February 4, 2022 and 3,366 of the RSUs vest on February 4, 2023.