Rachel Rothe Bishop - Mar 5, 2022 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
President, Hefty Tableware
Signature
C. David Watson , Attorney-in-Fact for Rachel Rothe Bishop
Stock symbol
REYN
Transactions as of
Mar 5, 2022
Transactions value $
-$13,198
Form type
4
Date filed
3/8/2022, 06:08 PM
Previous filing
Feb 8, 2022
Next filing
Aug 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +1.72K +24.57% $0.00 8.7K Mar 5, 2022 Direct
transaction REYN Common Stock Tax liability -$13.2K -433 -4.97% $30.48 8.27K Mar 5, 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 -1.72K -49.99% $0.00 1.72K Mar 5, 2022 Common Stock 1.72K 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: 1,717 of the RSUs vested on March 5, 2021, 1,717 of the RSUs vested on March 5, 2022 and 1,718 of the RSUs vest on March 5, 2023.