David Watson - 29 Jan 2025 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
Chief Legal Counsel/Corp Sec
Signature
/s/ C. David Watson
Issuer symbol
REYN
Transactions as of
29 Jan 2025
Transactions value $
$0
Form type
4
Filing time
30 Jan 2025, 09:18:59
Previous filing
09 Dec 2024
Next filing
04 Feb 2025
SEC
View on sec.gov

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 +5.68K $0.00 5.68K 29 Jan 2025 Common Stock 5.68K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.
F2 On February 1, 2024, the reporting person was granted performance share units ("PSUs"), with the number of PSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period consisting of fiscal 2024. As determined on January 29,2025, based on the Company's actual performance for 2024, the reporting person earned 5,678 PSUs, which are now the equivalent of RSUs with a service-based vesting condition and will vest as described in footnote 3.
F3 The RSUs vest on February 1, 2027.