SEC Form 4 · accession 0000814453-16-000212
NEWELL BRANDS INC. · NWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradford R Turner
Officer — Chief Legal Officer & Corp Sec
Period of report
May 11, 2016
Accepted (ET)
May 13, 2016 · 10:22 am EDT
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 | — | May 11, 2016 | A | 9,165 | A | — | — | Common Stock | 9,165 | 9,165 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock.
- F2The reporting person shall become fully vested in his or her award upon the third anniversary of the date of the grant award, but the award may vest earlier in the event of death, disability or retirement. 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 Brands Inc. common stock represented by the restricted stock units.