Chris Mayrhofer - Feb 1, 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
VP, Controller & CAO
Signature
C. David Watson, Attorney-in-Fact for Chris Mayrhofer
Stock symbol
REYN
Transactions as of
Feb 1, 2022
Transactions value $
-$9,384
Form type
4
Date filed
2/3/2022, 06:00 PM
Previous filing
Aug 9, 2021
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +1.13K +143.09% $0.00 1.92K Feb 1, 2022 Direct
transaction REYN Common Stock Tax liability -$9.38K -310 -16.16% $30.27 1.61K Feb 1, 2022 Direct F1
holding REYN Common Stock 13K Feb 1, 2022 By Spouse

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 -1.13K -33.32% $0.00 2.26K Feb 1, 2022 Common Stock 1.13K Direct F2, F3
transaction REYN Restricted Stock Units Award $0 +3.41K $0.00 3.41K Feb 1, 2022 Common Stock 3.41K 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 ("RSUs").
F2 Each RSU represents a contingent right to receive one share of the Company's common stock.
F3 RSUs vest as follows: 1,129 of the RSUs vested on February 1, 2022, 1,129 of the RSUs vest on February 1, 2023 and 1,130 of the RSUs vest on February 1, 2024.
F4 RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.