SEC Form 4 · accession 0000814453-15-000020
NEWELL BRANDS INC. · NWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael B Polk
Officer — President and CEO
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 4:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000814453
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 9, 2015 | M | 99,884 | $37.65 | A | 422,122 | D | |
| Common StockF1 | Feb 9, 2015 | F | 51,303 | $37.65 | D | 370,819 | D | |
| Common StockF2,F1 | Feb 9, 2015 | A | 419,513 | $37.65 | A | 790,332 | D | |
| Common StockF1 | Feb 9, 2015 | F | 217,518 | $37.65 | D | 572,814 | D | |
| Common StockF3,F1 | Feb 10, 2015 | S | 150,000 | $37.92 | D | 422,814 | D | |
| Common StockF4 | holding | — | — | — | 37,300 | I | Michael B. Polk December 2012 3-year GRAT | |
| Common StockF4 | holding | — | — | — | 83,400 | I | Michael B. Polk December 2012 5-year GRAT | |
| Common StockF4 | holding | — | — | — | 86,144 | I | Michael B. Polk December 2013 3-year GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F6 | — | Feb 9, 2015 | M | 99,884 | D | Feb 9, 2015 | — | Common Stock | 99,884 | 0 | D |
Explanation of responses
- F1Reflects the distribution of shares from GRATS. Each distribution qualifies as only a change in the form of the Reporting Person's beneficial ownership, and, as such, has not been previously reported.
- F2Acquired upon vesting of performance-based restricted stock units previously granted on February 8, 2012.
- F3In connection with the stock sale, the reporting person sold 150,000 shares at a weighted average price of $37.92 at prices ranging from $37.57 to $38.14. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- F4Reflects the distribution of shares of common stock from this GRAT. This distribution qualifies as only a change in the form of the Reporting Person's beneficial ownership, and, as such, has not been previously reported.
- F5Each restricted stock unit was the economic equivalent of one share of Newell Rubbermaid Inc. common stock.
- F6N/A