Michael E. Graham - Feb 1, 2023 Form 4 Insider Report for Reynolds Consumer Products Inc. (REYN)

Role
Chief Financial Officer
Signature
C. David Watson, Attorney-in-Fact for Michael E. Graham
Stock symbol
REYN
Transactions as of
Feb 1, 2023
Transactions value $
-$99,194
Form type
4
Date filed
2/3/2023, 06:23 PM
Previous filing
Mar 8, 2022
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REYN Common Stock Options Exercise $0 +5.67K +27.58% $0.00 26.2K Feb 1, 2023 Direct
transaction REYN Common Stock Tax liability -$48K -1.61K -6.15% $29.77 24.6K Feb 1, 2023 Direct F1
transaction REYN Common Stock Options Exercise $0 +6.16K +25% $0.00 30.8K Feb 1, 2023 Direct
transaction REYN Common Stock Tax liability -$51.2K -1.72K -5.59% $29.77 29.1K 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 -5.67K -50% $0.00 5.67K Feb 1, 2023 Common Stock 5.67K Direct F2, F3
transaction REYN Restricted Stock Units Options Exercise $0 -6.16K -33.34% $0.00 12.3K Feb 1, 2023 Common Stock 6.16K Direct F2, F4
transaction REYN Restricted Stock Units Award $0 +18.6K $0.00 18.6K Feb 1, 2023 Common Stock 18.6K Direct F2, F4
* 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: 5,671 shares vested on February 1, 2022, 5,672 shares vest on February 1, 2023 and 5,672 shares vest on February 1, 2024.
F4 The RSUs vest as follows: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.