Carl C. Icahn - 21 Feb 2022 Form 4 Insider Report for NEWELL BRANDS INC. (NWL)

Reporting relationship: 10%+ Owner
Issuer ticker: NWL
Reported as of: 21 Feb 2022
Net transaction value: -$274,999,998
SEC form: 4
Accepted by SEC: 22 Feb 2022, 08:26:34 UTC
Prior SEC filing: 27 Dec 2021
Next SEC filing: 25 Apr 2022
Source filing: View source filing
Reporting owner signature: /s/ Carl C. Icahn

Key filing fact

Carl C. Icahn filed Form 4 for NEWELL BRANDS INC. (NWL) on 22 Feb 2022.

Key facts

This page summarizes Carl C. Icahn's Form 4 filing for NEWELL BRANDS INC. (NWL).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 22 Feb 2022, 08:26.

Change

Previous filing in this sequence was filed on 27 Dec 2021.
Current net transaction value: -$274,999,998.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NWL transaction

Common Stock, par value $1.00 per share ("Shares")

Sale

Transaction value: $274,999,998
Shares: -10,634,184
Change %: -24%
Price: $25.86
Shares after: 33,070,432
Date: 21 Feb 2022
Ownership: Please see all footnotes
Footnotes: F1, F2, F3, F4, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Icahn Partners LP ("Icahn Partners") directly beneficially owns 19,319,099 Shares, and Icahn Partners Master Fund LP ("Icahn Master") directly beneficially owns 13,751,333 Shares.

Footnote F2

Beckton Corp. ("Beckton") is the sole stockholder of Icahn Enterprises G.P. Inc. ("Icahn Enterprises GP"), which is the general partner of Icahn Enterprises Holdings L.P. ("Icahn Enterprises Holdings"). Icahn Enterprises Holdings is the sole member of IPH GP LLC ("IPH"), which is the general partner of Icahn Capital LP ("Icahn Capital"). Icahn Capital is the general partner of each of Icahn Onshore LP ("Icahn Onshore") and Icahn Offshore LP ("Icahn Offshore"). Icahn Onshore is the general partner of Icahn Partners. Icahn Offshore is the general partner of Icahn Master.

Footnote F3

Beckton is 100 percent owned by Carl C. Icahn. As such, Mr. Icahn is in a position indirectly to determine the investment and voting decisions made by each of Icahn Partners and Icahn Master.

Footnote F4

Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which Icahn Partners owns. Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn disclaims beneficial ownership of such Shares except to the extent of their pecuniary interest therein

Footnote F5

Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the Shares which Icahn Master owns. Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn disclaims beneficial ownership of such Shares except to the extent of their pecuniary interest therein.

Footnote F6

The above reporting persons controlled by Carl C. Icahn (the "Reporting Persons") may be deemed to be members of a "group" (within the meaning of Section 13(d)(3) of the Act), with Brett Icahn. None of the Reporting Persons has any pecuniary interest in any Shares beneficially owned by Brett Icahn, and each of the Reporting Persons disclaims beneficial ownership of such Shares.