Chris Mayrhofer - 01 Feb 2024 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
VP, Controller & CAO
Signature
/s/ C. David Watson, Attorney-in-Fact for Chris Mayrhofer
Issuer symbol
REYN
Transactions as of
01 Feb 2024
Net transactions value
-$23,475
Form type
4
Filing time
05 Feb 2024, 16:09:42 UTC
Previous filing
25 Jan 2024
Next filing
16 Sep 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 +1,130 +11% $0.000000 11,105 01 Feb 2024 Direct
transaction REYN Common Stock Tax liability $6,901 -254 -2.3% $27.17 10,851 01 Feb 2024 Direct F1
transaction REYN Common Stock Options Exercise $0 +1,135 +10% $0.000000 11,986 01 Feb 2024 Direct
transaction REYN Common Stock Tax liability $7,662 -282 -2.4% $27.17 11,704 01 Feb 2024 Direct F1
transaction REYN Common Stock Options Exercise $0 +1,203 +10% $0.000000 12,907 01 Feb 2024 Direct
transaction REYN Common Stock Tax liability $8,912 -328 -2.5% $27.17 12,579 01 Feb 2024 Direct F1
holding REYN Common Stock 13,000 01 Feb 2024 By spouse

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 Award $0 +4,012 $0.000000 4,012 01 Feb 2024 Common Stock 4,012 Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -1,130 -100% $0.000000* 0 01 Feb 2024 Common Stock 1,130 Direct F2, F4
transaction REYN Restricted Stock Units Options Exercise $0 -1,135 -50% $0.000000 1,135 01 Feb 2024 Common Stock 1,135 Direct F2, F5
transaction REYN Restricted Stock Units Options Exercise $0 -1,203 -33% $0.000000 2,404 01 Feb 2024 Common Stock 1,203 Direct F2, F6
* 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: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.
F4 The RSUs vested on February 1, 2024.
F5 The RSUs vest as follows: 1,135 RSUs vested on February 1, 2024; and the remaining 1,135 RSUs vest on February 1, 2025.
F6 One-third of these RSUs vested on February 1, 2024, and the remaining RSUs vest equally on February 1, 2025 and February 1, 2026.