Hayes Michael McHugh 4

4 · NEWELL BRANDS INC. · Filed Apr 10, 2023

Form 4

Period: 2023-04-06

Chief Customer Officer

Transactions

Exercise/Conversion
Common Stock
2023-04-06+13,446→ 13,446 total
Exercise/Conversion
Restricted Stock Units
2023-04-06−13,446→ 0 total
→ Common Stock (13,446 underlying)
Tax Payment
Common Stock
2023-04-06$12.14/sh−4,048$49,143→ 9,398 total

Holdings

Footnotes (5)

[F1]The Company's Compensation and Human Capital Committee certified the partial achievement of the pre-established performance goals resulting in the vesting of the Reporting Person's target shares. The terms of the Reporting Person's Performance-Based Restricted Stock Units ("PRSU") provided for the payout of 0% to 200% of the original grant based on the actual achievement of performance metrics related to core sales growth and cumulative free cash flow between January 1, 2020, and December 31, 2022.
[F2]Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on April 6, 2023.
[F3]Each PRSU represents the right to receive, following vesting, between 0% and 200% percent of one share of the Company's common stock.
[F4]Each PRSU represents the right to receive, following vesting, between 0% and 200% of one share of the Company's common stock based upon the achievement of pre-established performance metrics related to core sales growth and cumulative free cash flow over a three (3) year period between January 1, 2020, and December 31, 2022, and certification of such performance by the Company's Compensation and Human Capital Committee following the conclusion of the performance period.
[F5]If and to the extent the relevant performance criteria are not met, the PRSU expires on the third anniversary of the grant date with a payout of 0%.

Documents

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