Nathan D. Lowe - 01 Feb 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
VP, Fin. Planning & Analysis
Signature
/s/ C. David Watson, Attorney-in-Fact for Nathan D. Lowe
Issuer symbol
REYN
Transactions as of
01 Feb 2023
Net transactions value
-$5,984
Form type
4
Filing time
03 Feb 2023, 18:22:53 UTC
Previous filing
02 Feb 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 +319 +20% $0.000000 1,919 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $2,888 -97 -5.1% $29.77 1,822 01 Feb 2023 Direct F1
transaction REYN Common Stock Options Exercise $0 +321 +18% $0.000000 2,143 01 Feb 2023 Direct
transaction REYN Common Stock Tax liability $3,096 -104 -4.9% $29.77 2,039 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 -319 -50% $0.000000 320 01 Feb 2023 Common Stock 319 Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -321 -33% $0.000000 641 01 Feb 2023 Common Stock 321 Direct F2, F4
transaction REYN Restricted Stock Units Award $0 +2,652 $0.000000 2,652 01 Feb 2023 Common Stock 2,652 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 These RSUs vest as follows: 319 of the RSUs vest on February 1, 2023; and 320 of the RSUs vest on February 1, 2024.
F4 These RSUs vest in thirds on each of February 1, 2023, February 1, 2024 and 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.