Mark D. Swartzberg - 01 Feb 2024 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
VP Investor Relations
Signature
/s/ C. David Watson, Attorney-in-Fact for Mark D. Swartzberg
Issuer symbol
REYN
Transactions as of
01 Feb 2024
Net transactions value
-$28,067
Form type
4
Filing time
05 Feb 2024, 16:11:06 UTC
Previous filing
25 Jan 2024
Next filing
30 Jan 2025
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 +966 +20% $0.000000 5,856 01 Feb 2024 Direct
transaction REYN Common Stock Tax liability $8,613 -317 -5.4% $27.17 5,539 01 Feb 2024 Direct F1
transaction REYN Common Stock Options Exercise $0 +998 +18% $0.000000 6,537 01 Feb 2024 Direct
transaction REYN Common Stock Tax liability $9,455 -348 -5.3% $27.17 6,189 01 Feb 2024 Direct F1
transaction REYN Common Stock Options Exercise $0 +1,007 +16% $0.000000 7,196 01 Feb 2024 Direct
transaction REYN Common Stock Tax liability $9,999 -368 -5.1% $27.17 6,828 01 Feb 2024 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 Award $0 +3,381 $0.000000 3,381 01 Feb 2024 Common Stock 3,381 Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -966 -100% $0.000000* 0 01 Feb 2024 Common Stock 966 Direct F2, F4
transaction REYN Restricted Stock Units Options Exercise $0 -998 -50% $0.000000 997 01 Feb 2024 Common Stock 998 Direct F2, F5
transaction REYN Restricted Stock Units Options Exercise $0 -1,007 -33% $0.000000 2,013 01 Feb 2024 Common Stock 1,007 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: 998 RSUs vested on February 1, 2024; and the remaining 997 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.