Cappel Craig E. 4
4 · Reynolds Consumer Products Inc. · Filed Mar 6, 2020
Insider Transaction Report
Form 4
Cappel Craig E.
President, Reynolds Cook&Bake
Transactions
- Award
Performance Share Units
2020-03-05+5,802→ 5,802 total→ Common Stock (5,802 underlying) - Award
Restricted Stock Units
2020-03-05+5,802→ 5,802 total→ Common Stock (5,802 underlying)
Footnotes (4)
- [F1]Each performance share unit ("PSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.
- [F2]On March 5, 2020, the reporting person was granted performance-based PSUs, with the number of PSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period of 2020 - 2022. Subject to the satisfaction of the performance conditions, the PSUs vest on March 5, 2023.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.
- [F4]The RSUs vest as follows: 1,934 of the RSUs vest on March 5, 2021; 1,934 of the RSUs vest on March 5, 2022; and 1,934 of the RSUs vest on March 5, 2023.