NEWELL BRANDS INC 4
4 · NEWELL BRANDS INC · Filed Jun 2, 2016
Insider Transaction Report
Form 4
Laird Fiona
EVP, Chief HR & Comm. Officer
Transactions
- Award
Restricted Stock Units
2016-05-31+78,419→ 78,419 total→ Common Stock (78,419 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock.
- [F2]The reporting person will become vested in the award ratably in one-third increments on the first, second and third anniversaries of the award date if she remains in continuous employment with the Company, and the Company achieves at least $100 million of aggregate cost/expense reductions resulting from Project Renewal and the integration of Jarden Corporation operations and personnel into the Company during the period commencing April 16, 216 and concluding April 30, 2017. The reporting person will not receive dividend equivalents at the time any dividends are paid. Rather, all such dividend equivalents will be credited to an account for the reporting person, and will be paid only to the extent that the applicable performance criteria are met and the RSUs vest.