SEC Form 4 · accession 0000814453-16-000223
NEWELL BRANDS INC. · NWL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James L Cunningham III
Officer — SVP, Chief Accounting Officer
Period of report
May 11, 2016
Accepted (ET)
May 13, 2016 · 3:17 pm 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 | 7,355 | A | — | — | Common Stock | 7,355 | 7,355 | 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 vested in one-third of his award on May 11, 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 Brands Inc. common stock represented by the restricted stock units.