SEC Form 4 · accession 0000814453-15-000139
NEWELL BRANDS INC. · NWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paula S Larson
Officer — EVP, Human Resources
Period of report
Dec 16, 2015
Accepted (ET)
Dec 18, 2015 · 11:25 am 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 Stock | Dec 16, 2015 | M | 4,281 | $45.18 | A | 9,985 | D | |
| Common Stock | Dec 16, 2015 | F | 1,428 | $45.18 | D | 8,557 | D | |
| Common Stock | Dec 16, 2015 | M | 4,281 | $45.18 | A | 12,838 | D | |
| Common Stock | Dec 16, 2015 | F | 1,428 | $45.18 | D | 11,410 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Dec 16, 2015 | M | 4,281 | D | — | — | Common Stock | 4,281 | 4,281 | D |
| Restricted Stock UnitsF1,F3 | — | Dec 16, 2015 | M | 4,281 | D | — | — | Common Stock | 4,281 | 4,281 | D |
Explanation of responses
- F1Each restricted stock unit was the economic equivalent of one share of Newell Rubbermaid common stock.
- F2The reporting person previously met the stock price performance criteria applicable to the second tranche of the award. However, because the award was not permitted to vest any earlier than the second anniversary of the date of grant the reporting person did not become vested in the award until December 16, 2015. Any portion of the award not vested as of December 16, 2020 shall expire.
- F3The reporting person became vested in one-third of the total RSUs that were granted on December 16, 2013. The first third of the award had previously vested on December 16, 2014.