Michael E. Graham - Feb 1, 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
Chief Financial Officer
Signature
C. David Watson, Attorney-in-Fact for Michael E. Graham
Stock symbol
REYN
Transactions as of
Feb 1, 2022
Transactions value $
-$51,065
Form type
4
Date filed
2/3/2022, 05:52 PM
Previous filing
Aug 10, 2021
Next filing
Feb 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +5.67K +54.74% $0.00 16K Feb 1, 2022 Direct
transaction REYN Common Stock Tax liability -$51.1K -1.69K -10.52% $30.27 14.3K Feb 1, 2022 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 -5.67K -33.33% $0.00 11.3K Feb 1, 2022 Common Stock 5.67K Direct F2, F3
transaction REYN Restricted Stock Units Award $0 +18.5K $0.00 18.5K Feb 1, 2022 Common Stock 18.5K Direct F2, F4
* 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 ("RSU").
F2 Each RSU represents a contingent right to receive one share of the Company's common stock.
F3 RSUs vest as follows: 5,671 shares vest on February 1, 2022, 5,672 shares vest on February 1, 2023 and 5,672 shares vest on February 1, 2024.
F4 The RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.