0000814453-21-000107.txt : 20210609
0000814453-21-000107.hdr.sgml : 20210609
20210609161524
ACCESSION NUMBER: 0000814453-21-000107
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191002
FILED AS OF DATE: 20210609
DATE AS OF CHANGE: 20210609
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Saligram Ravichandra Krishnamurty
CENTRAL INDEX KEY: 0001307991
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09608
FILM NUMBER: 211005293
MAIL ADDRESS:
STREET 1: C/O NEWELL BRANDS INC.
STREET 2: 6655 PEACHTREE DUNWOODY ROAD
CITY: ATLANTA
STATE: GA
ZIP: 30328
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NEWELL BRANDS INC.
CENTRAL INDEX KEY: 0000814453
STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS PRODUCTS, NEC [3089]
IRS NUMBER: 363514169
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6655 PEACHTREE DUNWOODY ROAD
CITY: ATLANTA
STATE: GA
ZIP: 30328
BUSINESS PHONE: 800-424-1941
MAIL ADDRESS:
STREET 1: 6655 PEACHTREE DUNWOODY ROAD
CITY: ATLANTA
STATE: GA
ZIP: 30328
FORMER COMPANY:
FORMER CONFORMED NAME: NEWELL BRANDS, INC.
DATE OF NAME CHANGE: 20191017
FORMER COMPANY:
FORMER CONFORMED NAME: NEWELL BRANDS INC
DATE OF NAME CHANGE: 20160415
FORMER COMPANY:
FORMER CONFORMED NAME: NEWELL RUBBERMAID INC
DATE OF NAME CHANGE: 19990329
4/A
1
wf-form4a_162326971163323.xml
FORM 4/A
X0306
4/A
2019-10-02
2019-10-04
0
0000814453
NEWELL BRANDS INC.
NWL
0001307991
Saligram Ravichandra Krishnamurty
C/O NEWELL BRANDS INC.
6655 PEACHTREE DUNWOODY ROAD
ALTANTA
GA
30328
1
1
0
0
President and CEO
Options (Right to Buy)
17.79
2019-10-02
4
A
0
1333333
0
A
Common Stock
1333333.0
1333333
D
The Reporting Person becomes eligible for vesting of the entire option award when the Company's closing stock price (as reported on the Nasdaq Stock Exchange) for any 30 continuous calendar day period between the 18 calendar month and third anniversary of the grant date exceeds 125% of the closing stock price of the Company's common stock on July 29, 2019 (the "Performance Criteria"). Upon the Performance Criteria being met, the options shall vest and become exercisable in 3 equal installments on the 18 month, second and third anniversaries of the Reporting Person's grant date. If the Performance Criteria are not satisfied as of any of the aforementioned vesting dates, then vesting for the portion of the option otherwise scheduled to vest on such vesting date will occur on the fifth business day following the date on which the Performance Criteria are satisfied.
Options expire on the tenth anniversary of the grant date. If the Reporting Person's employment with the Company terminates due to death, disability or retirement, then the options shall continue to vest as stated above, subject to the Performance Criteria, and shall instead expire on the third anniversary of the later of the Reporting Person's: (i) termination of employment or (ii) applicable vesting date, provided that any such date shall occur prior to the tenth anniversary of the grant date.
This Form 4 is being amended to report that the Company's Compensation and Human Capital Committee certified that the Performance Criteria for the above-reported option grant have been met. Accordingly, the first installment of the above-referenced option grant, consisting of 444,444 options, vested pursuant to the terms of the grant agreement. The vested options remain unexercised.
/s/ Raj Dave, Attorney in Fact for Ravichandra K. Saligram
2021-06-09