Rita Fisher - 04 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
04 Feb 2023
Net transactions value
-$18,810
Form type
4
Filing time
07 Feb 2023, 16:21:26 UTC
Previous filing
03 Feb 2023
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 +2,707 +29% $0.000000 12,095 04 Feb 2023 Direct
transaction REYN Common Stock Tax liability $18,810 -627 -5.2% $30.00 11,468 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 -2,707 -100% $0.000000* 0 04 Feb 2023 Common Stock 2,707 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: 2,707 of the RSUs vested on February 4, 2021, 2,707 of the RSUs vested on February 4, 2022 and 2,707 of the RSUs vest on February 4, 2023.