Form 4 for NWL NEWELL BRANDS INC.
Accepted 2024-02-21 00:00:00 ET · period of report 2024-02-16 · accession 0000814453-24-000030 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-02-21 | 2024-02-16 | NWL | Turner Bradford R | Chief Legal, Admin. Off | F - Tax | $7.67 | -16.6K | 161.8K | -9% | -$127.6K |
| DM | 2024-02-21 | 2024-02-16+ | NWL | Turner Bradford R | Chief Legal, Admin. Off | M - OptEx | $0.00 | +54.1K | 166.5K | +48% | $0 |
| D | 2024-02-21 | 2024-02-16 | NWL | Turner Bradford R | Chief Legal, Admin. Off | A - Grant | $0.00 | +118.2K | 118.2K | New | $0 |
| DM | 2024-02-21 | 2024-02-16+ | NWL | Turner Bradford R | Chief Legal, Admin. Off | M - OptEx | $0.00 | -54.1K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-16 | F | D | 5,049 | $7.67 | 173,628 | D | — | — | (F2) Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on February 16, 2024. |
| 2 | Common | Common Stock | 2024-02-16 | F | D | 6,885 | $7.67 | 189,813 | D | — | — | (F2) Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on February 16, 2024. |
| 3 | Common | Common Stock | 2024-02-16 | M | A | 16,919 | $0.00 | 178,677 | D | — | — | |
| 4 | Common | Common Stock | 2024-02-17 | M | A | 23,070 | $0.00 | 196,698 | D | — | — | |
| 5 | Common | Common Stock | 2024-02-16 | M | A | 14,097 | $0.00 | 166,460 | D | — | — | (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 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, 2021. and December 31, 2023. |
| 6 | Common | Common Stock | 2024-02-16 | F | D | 4,702 | $7.67 | 161,758 | D | — | — | (F2) Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on February 16, 2024. |
| 7 | Derivative | Restricted Stock Units | 2024-02-16 | A | A | 118,155 | $0.00 | 118,155 | D | — · — to — | 118,155 Common Stock | (F6) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F7) The restricted stock unit vests ratably in one-third increments on the grant date's first, second, and third anniversaries, subject to the Reporting Person's continuous employment with the Company. (F8) N/A |
| 8 | Derivative | Restricted Stock Units | 2024-02-17 | M | D | 23,070 | $0.00 | 0 | D | — · — to — | 23,070 Common Stock | (F6) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F7) The restricted stock unit vests ratably in one-third increments on the grant date's first, second, and third anniversaries, subject to the Reporting Person's continuous employment with the Company. (F8) N/A |
| 9 | Derivative | Restricted Stock Units | 2024-02-16 | M | D | 16,919 | $0.00 | 0 | D | — · — to — | 16,919 Common Stock | (F6) Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. (F7) The restricted stock unit vests ratably in one-third increments on the grant date's first, second, and third anniversaries, subject to the Reporting Person's continuous employment with the Company. (F8) N/A |
| 10 | Derivative | Restricted Stock Units | 2024-02-16 | M | D | 14,097 | $0.00 | 0 | D | — · — to — | 14,097 Common Stock | (F3) Each PRSU represents the right to receive, following vesting, between 0% and 200% 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, 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. (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%. |