Initial Statement of Beneficial Ownership (3)
April 28 2020 - 11:16AM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Mayrhofer Chris |
2. Date of Event Requiring Statement (MM/DD/YYYY)
4/22/2020
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3. Issuer Name and Ticker or Trading Symbol
Reynolds Consumer Products Inc. [REYN]
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(Last)
(First)
(Middle)
C/O REYNOLDS CONSUMER PRODUCTS INC., 1900 W. FIELD COURT |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) Vice President and Controller / |
(Street)
LAKE FOREST, IL 60045
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Performance Share Units | (1) | (1) | Common Stock | 3126 | (2) | D | |
Restricted Stock Units | (3) | (3) | Common Stock | 3126 | (4) | D | |
Explanation of Responses: |
(1) | On March 5, 2020, the reporting person was granted performance-based PSUs, with the number of PSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period of 2020 - 2022. Subject to the satisfaction of the performance conditions, the PSUs vest on March 5, 2023. |
(2) | Each performance share unit ("PSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock. |
(3) | The RSUs vest as follows: 1,042 of the RSUs vest on March 5, 2021; 1,042 of the RSUs vest on March 5, 2022; and 1,042 of the RSUs vest on March 5, 2023. |
(4) | Each restricted stock unit ("RSU") represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Mayrhofer Chris C/O REYNOLDS CONSUMER PRODUCTS INC. 1900 W. FIELD COURT LAKE FOREST, IL 60045 |
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| Vice President and Controller |
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Signatures
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Tracy L. Whitman, Attorney-in-Fact for Chris Mayrhofer | | 4/28/2020 |
**Signature of Reporting Person | Date |
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