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NEWELL BRANDS INC. — Director's Dealing 2021
Feb 18, 2021
31632_dirs_2021-02-18_0500234c-3df3-441f-a29f-10845c2670aa.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NEWELL BRANDS INC. (NWL)
CIK: 0000814453
Period of Report: 2021-02-16
Reporting Person: McDermott Michael P (Business Unit CEO - Commercial)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-16 | Restricted Stock Units | $ | A | 8539 | Acquired | Restricted Stock Units (8539.0) | Direct | |
| 2021-02-16 | Stock Option (Right to Buy) | $23.79 | A | 64037 | Acquired | 2031-02-16 | Common Stock (64037.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 645.438 | Indirect |
Footnotes
F1: Represents shares held by the Reporting Person in the Newell Brands Employee Savings Plan, a 401(k) plan (the "Plan"). The reported total includes a total of 387.068 additional shares the Reporting Person has acquired since the date of his initial Form 3 report in exempt transactions through dividend reinvestment and automatic payroll deduction and purchase features of the Plan.
F2: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F3: The entire award will vest on the third anniversary of the grant date, subject to the Reporting Person's continuous employment with the Company. The terms of the grant agreement between the Reporting Person and the Company also provide for full and/or partial vesting of the award in the event of the Reporting Person's death, disability or retirement during the vesting period.
F4: N/A
F5: The option vests ratably in one-third increments on the first, second and third anniversaries of the grant date.