Mark J. Erceg - Feb 16, 2024 Form 4 Insider Report for NEWELL BRANDS INC. (NWL)

Role: Chief Financial Officer
Signature: /s/ Bradford R. Turner, Attorney in Fact for Mark J. Erceg
Stock symbol: NWL
Transactions as of: Feb 16, 2024
Transactions value $: -$95,468
Form type: 4
Date filed: 2/21/2024, 04:26 PM
Previous filing: May 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NWL	Common Stock	Options Exercise	$0	+40.3K	+16.52%	$0.00	284K	Feb 17, 2024	Direct	F1
transaction	NWL	Common Stock	Tax liability	-$95.5K	-12.4K	-4.38%	$7.67	272K	Feb 16, 2024	Direct	F2

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	NWL	Restricted Stock Units	Options Exercise	$0	-40.3K	-100%	$0.00^*	0	Feb 17, 2024	Common Stock	40.3K		Direct	F1, F3, F4
transaction	NWL	Restricted Stock Units	Award	$0	+235K		$0.00	235K	Feb 16, 2024	Common Stock	235K		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2	Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on February 16, 2024.
F3	The restricted stock unit vests ratably in one-third increments on the grant date's first, second and third anniversaries, subject to the Reporting Person's continuous employment with the Company.
F4	N/A