Stephen C. Estes - Feb 4, 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
Chief Administrative Officer
Signature
C. David Watson, Attorney-in-Fact for Stephen C. Estes
Stock symbol
REYN
Transactions as of
Feb 4, 2022
Transactions value $
-$27,367
Form type
4
Date filed
2/8/2022, 08:20 PM
Previous filing
Feb 3, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +3.37K +64.64% $0.00 8.57K Feb 4, 2022 Direct
transaction REYN Common Stock Tax liability -$27.4K -908 -10.59% $30.14 7.66K 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 -3.37K -49.99% $0.00 3.37K Feb 4, 2022 Common Stock 3.37K 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: 3,365 of the RSUs vested on February 4, 2021, 3,365 of the RSUs vested on February 4, 2022 and 3,366 of the RSUs vest on February 4, 2023.