0000814453-22-000039.txt : 20220223 0000814453-22-000039.hdr.sgml : 20220223 20220223162607 ACCESSION NUMBER: 0000814453-22-000039 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: Peterson Christopher H CENTRAL INDEX KEY: 0001558968 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09608 FILM NUMBER: 22664140 MAIL ADDRESS: STREET 1: C/O RALPH LAUREN CORPORATION STREET 2: 650 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 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_164565153080647.xml FORM 4 X0306 4 2022-02-18 0 0000814453 NEWELL BRANDS INC. NWL 0001558968 Peterson Christopher H C/O NEWELL BRANDS INC. 6655 PEACHTREE DUNWOODY ROAD ATLANTA GA 30328 0 1 0 0 CFO & President, Bus. Op. Common Stock 2022-02-18 4 M 0 272573 0 A 385674 D Common Stock 2022-02-18 4 F 0 117196 25.86 D 268478 D Restricted Stock Units 2022-02-18 4 M 0 272573 0 D Common Stock 272573.0 0 D Restricted Stock Units 2022-02-18 4 A 0 24651 0 A Common Stock 24651.0 24651 D Stock Option (Right to Buy) 25.86 2022-02-18 4 A 0 184889 0 A 2032-02-18 Common Stock 184889.0 184889 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. 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 and Human Capital 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%. 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 terms of the grant agreement between the reporting person and the Company also provide for full and/or partial vesting of the award in the event of the reporting person's death, disability or retirement during the vesting period. N/A 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 Christopher H. Peterson 2022-02-23