Rachel Rothe Bishop - Feb 4, 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
President, Hefty Tableware
Signature
C. David Watson, Attorney-in-Fact for Rachel R. Bishop
Stock symbol
REYN
Transactions as of
Feb 4, 2022
Transactions value $
-$20,706
Form type
4
Date filed
2/8/2022, 08:12 PM
Previous filing
Feb 3, 2022
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 +2.64K +52.47% $0.00 7.67K Feb 4, 2022 Direct
transaction REYN Common Stock Tax liability -$20.7K -687 -8.95% $30.14 6.99K Feb 4, 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 -2.64K -50% $0.00 2.64K Feb 4, 2022 Common Stock 2.64K Direct F2, F3
* 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 restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.
F3 RSUs vest as follows: 2,641 of the RSUs vested on February 4, 2021, 2,641 of the RSUs vested on February 4, 2022 and 2,641 of the RSUs vest on February 4, 2023.