MITCHELL V LANCE 4
4 · Reynolds Consumer Products Inc. · Filed Feb 5, 2024
Insider Transaction Report
Form 4
MITCHELL V LANCE
President and CEO
Transactions
- Tax Payment
Common Stock
2024-02-01$27.17/sh−4,320$117,374→ 136,156 total - Exercise/Conversion
Common Stock
2024-02-01+21,478→ 157,634 total - Award
Restricted Stock Units
2024-02-01+83,844→ 83,844 total→ Common Stock (83,844 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-01−21,673→ 43,344 total→ Common Stock (21,673 underlying) - Exercise/Conversion
Common Stock
2024-02-01+19,234→ 140,476 total - Tax Payment
Common Stock
2024-02-01$27.17/sh−6,365$172,937→ 151,269 total - Exercise/Conversion
Common Stock
2024-02-01+21,673→ 172,942 total - Tax Payment
Common Stock
2024-02-01$27.17/sh−9,192$249,747→ 163,750 total - Exercise/Conversion
Restricted Stock Units
2024-02-01−21,478→ 21,477 total→ Common Stock (21,478 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-01−19,234→ 0 total→ Common Stock (19,234 underlying)
Footnotes (6)
- [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: one-third of the RSUs vest on each of the first three anniversaries of the date of grant.
- [F4]The RSUs vested on February 1, 2024.
- [F5]The RSUs vest as follows: 21,478 RSUs vested on February 1, 2024; and the remaining 21,477 RSUs vest on February 1, 2025.
- [F6]One-third of these RSUs vested on February 1, 2024, and the remaining RSUs vest equally on February 1, 2025 and February 1, 2026.