SEC Form 4 · accession 0000814453-15-000144
NEWELL BRANDS INC. · NWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Tarchetti
Officer — EVP, Chief Development Officer
Period of report
Dec 28, 2015
Accepted (ET)
Dec 29, 2015 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000814453
Table I — non-derivative securities
No Table I lines on this filing.
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 28, 2015 | A | 17,988 | A | — | — | Common Stock | 17,988 | 17,988 | D |
| Restricted Stock UnitsF1,F3 | — | Dec 28, 2015 | A | 14,333 | A | — | — | Common Stock | 14,333 | 14,333 | D |
Explanation of responses
- F1Each restricted stock unit is the economic equivalent of one share of Newell Rubbermaid common stock.
- F2The reporting person shall become vested in one-third of his award on February 12, 2017 and in additional one-third increments of such award on each of the second and third anniversaries of the grant date, but the award may vest earlier in the event of death or disability. Prior to the vesting of the award, if the Company pays a dividend on its common stock, the reporting person will receive an amount in cash equal in value to the dividends that the reporting person would have received had the reporting person been the actual owner of the number of shares of Newell Rubbermaid common stock represented by the restricted stock units.
- F3The reporting person shall become vested in two-thirds of his award on February 11, 2018 and in the remaining one-third of such award on the third anniversary of the grant date, but the award may vest earlier in the event of death or disability. Prior to the vesting of the award, if the Company pays a dividend on its common stock, the reporting person will receive an amount in cash equal in value to the dividends that the reporting person would have received had the reporting person been the actual owner of the number of shares of Newell Rubbermaid common stock represented by the restricted stock units.