SEC Form 4 · accession 0000814453-16-000161
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 8, 2016
Accepted (ET)
Feb 10, 2016 · 5:22 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 8, 2016 | M | 351,054 | $34.26 | A | 668,280 | D | |
| Common Stock | Feb 8, 2016 | F | 177,764 | $34.26 | D | 490,516 | D | |
| Common Stock | Feb 8, 2016 | M | 83,123 | $34.26 | A | 573,639 | D | |
| Common StockF2 | Feb 8, 2016 | F | 43,100 | $34.26 | D | 575,669 | D | |
| Common StockF3 | holding | — | — | — | 19,257 | I | By Trust | |
| Common StockF4 | holding | — | — | — | 68,090 | I | Michael B. Polk December 2012 5-year GRAT | |
| Common StockF5 | holding | — | — | — | 58,342 | I | Michael B. Polk December 2013 3-year GRAT | |
| Common Stock | holding | — | — | — | 125,000 | I | Michael B. Polk May 2015 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 UnitsF6,F7 | — | Feb 8, 2016 | M | 83,123 | D | Feb 6, 2016 | — | Common Stock | 83,123 | 0 | D |
Explanation of responses
- F1Acquired upon vesting of performance-based restricted stock units previously granted on February 6, 2013.
- F2Reflects the distribution of shares of common stock to the Reporting Person from GRATs.
- F319,257 shares were distributed from the Michael B. Polk December 2012 3-year GRAT and are held in trusts for the benefit of his seven children, and 9,543 shares from the GRAT were distributed to the Reporting Person. These distributions qualify only as a change in the form of the Reporting Person's beneficial ownership, and as such, have not been previously reported.
- F4Reflects the distribution of 7,785 shares of common stock from this GRAT to the Reporting Person. 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.
- F5Reflects the distribution of 27,802 shares of common stock from this GRAT to the Reporting Person. 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.
- F6Each restricted stock unit was the economic equivalent of one share of Newell Rubbermaid Inc. common stock.
- F7N/A