4//SEC Filing
McDermott Michael P 4
Accession 0000814453-24-000035
CIK 0000814453other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 4:18 PM ET
Size
22.6 KB
Accession
0000814453-24-000035
Insider Transaction Report
Form 4
McDermott Michael P
Segment CEO - Home & Com.
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-02-16−7,114→ 0 total→ Common Stock (7,114 underlying) - Exercise/Conversion
Common Stock
2024-02-16+7,114→ 16,088 total - Tax Payment
Common Stock
2024-02-16$7.67/sh−2,437$18,692→ 13,651 total - Tax Payment
Common Stock
2024-02-16$7.67/sh−2,473$18,968→ 19,717 total - Tax Payment
Common Stock
2024-02-16$7.67/sh−5,505$42,223→ 33,227 total - Exercise/Conversion
Common Stock
2024-02-16+8,539→ 22,190 total - Exercise/Conversion
Common Stock
2024-02-17+19,015→ 38,732 total - Exercise/Conversion
Restricted Stock Units
2024-02-16−8,539→ 0 total→ Common Stock (8,539 underlying) - Award
Restricted Stock Units
2024-02-16+91,264→ 91,264 total→ Common Stock (91,264 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-17−19,015→ 0 total→ Common Stock (19,015 underlying)
Holdings
- 2,621.05(indirect: By 401(k))
Common Stock
Footnotes (9)
- [F1]The Company's Compensation and Human Capital Committee certified partial achievement of the pre-established performance goals resulting in the vesting of the Reporting Peron'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, 2021, and December 31, 2023.
- [F2]Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on February 16, 2024.
- [F3]Represents shares held by the reporting person in the Newell Brands Employee Savings Plan, a 401(k) plan.
- [F4]Each PRSU represents the right to receive, following vesting, between 0% and 200% of one share of the Company's common stock.
- [F5]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, 2021, and December 31, 2023, and certification of such performance by the Company's Compensation and Human Capital Committee following the conclusion of the performance period.
- [F6]If and to the extent the relevant performance criteria are not met, the performance-based restricted stock unit grant expires on the third anniversary of the grant date with a payout of 0%.
- [F7]The restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- [F8]N/A
- [F9]Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
Documents
Issuer
NEWELL BRANDS INC.
CIK 0000814453
Entity typeother
Related Parties
1- filerCIK 0001689398
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 4:18 PM ET
- Size
- 22.6 KB