Bradford R. Turner - Jul 5, 2024 Form 4 Insider Report for NEWELL BRANDS INC. (NWL)

Role
Chief Legal & Admin. Officer
Signature
Bradford R. Turner
Stock symbol
NWL
Transactions as of
Jul 5, 2024
Transactions value $
-$396,276
Form type
4
Date filed
7/9/2024, 04:11 PM
Previous filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NWL Common Stock Options Exercise $0 +146K +85.88% $0.00 316K Jul 5, 2024 Direct F1
transaction NWL Common Stock Tax liability -$396K -65.4K -20.72% $6.06 250K Jul 5, 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 -146K -100% $0.00* 0 Jul 5, 2024 Common Stock 146K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on July 5, 2024.
F3 Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock.
F4 Represents the vesting of the restricted stock units granted to the Reporting Person on July 5, 2023. The award vests on the first anniversary of the award date.
F5 N/A