Christopher Corey - 01 Feb 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
President, Presto Products
Signature
/s/ C. David Watson, Attorney-in-Fact for Christopher Corey
Issuer symbol
REYN
Transactions as of
01 Feb 2023
Net transactions value
-$6,371
Form type
4
Filing time
03 Feb 2023, 18:21:38 UTC
Previous filing
07 Dec 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 +340 +51% $0.000000 1,005 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $3,066 -103 -10% $29.77 902 01 Feb 2023 Direct F1
transaction REYN Common Stock Options Exercise $0 +342 +38% $0.000000 1,244 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $3,304 -111 -8.9% $29.77 1,133 01 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 -340 -50% $0.000000 340 01 Feb 2023 Common Stock 340 Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -342 -33% $0.000000 683 01 Feb 2023 Common Stock 342 Direct F2, F4
transaction REYN Restricted Stock Units Award $0 +5,034 $0.000000 5,034 01 Feb 2023 Common Stock 5,034 Direct F2, F5
* 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 Reynolds Consumer Products Inc. common stock.
F3 The RSUs vest as follows: 340 of the RSUs vest on February 1, 2023; and 340 of the RSUs vest on February 1, 2024.
F4 The RSUs vest as follows: 342 of the RSUs vest on February 1, 2023; 342 of the RSUs vest on February 1, 2024; and 341 of the RSUs vest on February 1, 2025.
F5 RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.