V. Lance Mitchell - Feb 4, 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
President and CEO, Director
Signature
C. David Watson, Attorney-in-Fact for V. Lance Mitchell
Stock symbol
REYN
Transactions as of
Feb 4, 2022
Transactions value $
-$188,646
Form type
4
Date filed
2/8/2022, 08:17 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 +19.9K +36.77% $0.00 73.9K Feb 4, 2022 Direct
transaction REYN Common Stock Tax liability -$189K -6.26K -8.47% $30.14 67.7K 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 -19.9K -50% $0.00 19.9K Feb 4, 2022 Common Stock 19.9K 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 RSU represents a contingent right to receive one share of the Company's common stock.
F3 RSUs vest as follows: 19,871 of the RSUs vested on February 4, 2021, 19,872 of the RSUs vested on February 4, 2022 and 19,872 of the RSUs vest on February 4, 2023.