Nathan D. Lowe - Feb 1, 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
VP, Fin. Planning & Analysis
Signature
/s/ C. David Watson, Attorney-in-Fact for Nathan D. Lowe
Stock symbol
REYN
Transactions as of
Feb 1, 2023
Transactions value $
-$5,984
Form type
4
Date filed
2/3/2023, 06:22 PM
Previous filing
Feb 2, 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 +319 +19.94% $0.00 1.92K Feb 1, 2023 Direct
transaction REYN Common Stock Tax liability -$2.89K -97 -5.05% $29.77 1.82K Feb 1, 2023 Direct F1
transaction REYN Common Stock Options Exercise $0 +321 +17.62% $0.00 2.14K Feb 1, 2023 Direct
transaction REYN Common Stock Tax liability -$3.1K -104 -4.85% $29.77 2.04K 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 -319 -49.92% $0.00 320 Feb 1, 2023 Common Stock 319 Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -321 -33.37% $0.00 641 Feb 1, 2023 Common Stock 321 Direct F2, F4
transaction REYN Restricted Stock Units Award $0 +2.65K $0.00 2.65K Feb 1, 2023 Common Stock 2.65K 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 These RSUs vest as follows: 319 of the RSUs vest on February 1, 2023; and 320 of the RSUs vest on February 1, 2024.
F4 These RSUs vest in thirds on each of February 1, 2023, February 1, 2024 and 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.