Christopher Corey - Feb 1, 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
President, Presto Products
Signature
/s/ C. David Watson, Attorney-in-Fact for Christopher Corey
Stock symbol
REYN
Transactions as of
Feb 1, 2023
Transactions value $
-$6,371
Form type
4
Date filed
2/3/2023, 06:21 PM
Previous filing
Dec 7, 2023
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +340 +51.13% $0.00 1.01K Feb 1, 2023 Direct
transaction REYN Common Stock Tax liability -$3.07K -103 -10.25% $29.77 902 Feb 1, 2023 Direct F1
transaction REYN Common Stock Options Exercise $0 +342 +37.92% $0.00 1.24K Feb 1, 2023 Direct
transaction REYN Common Stock Tax liability -$3.3K -111 -8.92% $29.77 1.13K Feb 1, 2023 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 -340 -50% $0.00 340 Feb 1, 2023 Common Stock 340 Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -342 -33.37% $0.00 683 Feb 1, 2023 Common Stock 342 Direct F2, F4
transaction REYN Restricted Stock Units Award $0 +5.03K $0.00 5.03K Feb 1, 2023 Common Stock 5.03K Direct F2, F5
* 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 Reynolds Consumer Products Inc. common stock.
F3 The RSUs vest as follows: 340 of the RSUs vest on February 1, 2023; and 340 of the RSUs vest on February 1, 2024.
F4 The RSUs vest as follows: 342 of the RSUs vest on February 1, 2023; 342 of the RSUs vest on February 1, 2024; and 341 of the RSUs vest on February 1, 2025.
F5 RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.