0000814453-22-000035.txt : 20220223
0000814453-22-000035.hdr.sgml : 20220223
20220223161903
ACCESSION NUMBER: 0000814453-22-000035
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220218
FILED AS OF DATE: 20220223
DATE AS OF CHANGE: 20220223
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hurd Laurel
CENTRAL INDEX KEY: 0001768695
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09608
FILM NUMBER: 22663959
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
1
wf-form4_164565109879688.xml
FORM 4
X0306
4
2022-02-18
0
0000814453
NEWELL BRANDS INC.
NWL
0001768695
Hurd Laurel
C/O NEWELL BRANDS INC.
6655 PEACHTREE DUNWOODY ROAD
ATLANTA
GA
30328
0
1
0
0
Pres., Learning & Development
Common Stock
2022-02-18
4
M
0
35775
0
A
81850.24
D
Common Stock
2022-02-18
4
F
0
10883
25.86
D
70967.24
D
Common Stock
2022-02-18
4
M
0
5144
0
A
76111.24
D
Common Stock
2022-02-18
4
F
0
2320
25.86
D
73791.24
D
Restricted Stock Units
2022-02-18
4
M
0
35775
0
D
Common Stock
35775.0
0
D
Restricted Stock Units
2022-02-18
4
M
0
5144
0
D
Common Stock
5144.0
0
D
Restricted Stock Units
2022-02-18
4
A
0
8797
0
A
Common Stock
8797.0
8797
D
Stock Option (Right to Buy)
25.86
2022-02-18
4
A
0
65980
0
A
2032-02-18
Common Stock
65980.0
65980
D
The Company's Compensation and Human Capital Committee certified achievement of the pre-established performance goals resulting in the vesting of the Reporting Person's target shares. As discussed below, the terms of the Reporting Person's Performance Based Restricted Stock units provided for the payout of 0% to 200% of the original grant based on actual achievement of performance metrics related to relative total shareholder return and cumulative free cash flow between January 1, 2019 and December 31, 2021.
4,062.19 shares of this total are shares jointly owned with the Reporting Person's spouse.
Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on February 18, 2022
Each Performance Based Restricted stock unit represents the right to receive, the following vesting between 0% and 200% percent of one share of the Company's common stock.
Each performance-based restricted stock unit represents the right to receive, following vesting, between 0% and 200% of one share of the Company's common stock based upon the achievement of pre-established performance metrics related to relative total shareholder return over a 2-year period beginning January 1, 2019 and ending December 31, 2021, and certification of such performance by the Company's Compensation Committee following the conclusion of the performance period.
If and to the extent the relevant performance criteria are not met, the performance-based restricted stock unit grant expires on the third anniversary of the grant date with a payout of 0%.
Restricted stock units convert into shares of the Company's common stock on a one-for-one basis
Represents the vesting of the of restricted stock units granted to the Reporting Person on February 19, 2019. The grant vested ratably in one-third increments on the first, second and third anniversaries of the award date, pursuant to the terms of the grant agreement.
N/A
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock
The entire award will vest on the third anniversary of the grant date, subject to the Reporting Person's continuous employment with the Company
The option vests ratably in one-third increments on the first, second and third anniversaries of the grant date.
/s/ Raj Dave, Attorney-in-fact for Laurel Hurd
2022-02-23