0000814453-22-000113.txt : 20220803
0000814453-22-000113.hdr.sgml : 20220803
20220803161759
ACCESSION NUMBER: 0000814453-22-000113
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220801
FILED AS OF DATE: 20220803
DATE AS OF CHANGE: 20220803
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Craigie James
CENTRAL INDEX KEY: 0001295990
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09608
FILM NUMBER: 221132877
MAIL ADDRESS:
STREET 1: 500 CHARLES EWING BLVD
CITY: EWING
STATE: NJ
ZIP: 08628
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_165955786041158.xml
FORM 4
X0306
4
2022-08-01
0
0000814453
NEWELL BRANDS INC.
NWL
0001295990
Craigie James
C/O NEWELL BRANDS INC.
6655 PEACHTREE DUNWOODY ROAD
ATLANTA
GA
30328
1
0
0
0
Deferred Compensation Phantom Stock
2022-08-01
4
A
0
1725.84
0
A
Common Stock
1725.84
19493.89
D
Deferred RSU Phantom Stock
Common Stock
35976.14
35976.14
D
Pursuant to the 2008 Deferred Compensation Plan, as amended (the "DCP"), non-employee directors who earn quarterly cash retainer fees for their services on the Company's Board may elect to defer receipt of their quarterly cash fees until after the end of the director's service on the Board, and to direct the investment of the deferred cash into phantom stock units which track the performance of the Company's Common Stock for the duration of the deferral period. The number of phantom stock units so acquired is calculated by dividing the deferred cash retainer amount by the closing price for the Company's Common Stock on the date the cash retainer is payable.
Dividends payable on the Company's Common Stock also accrue with respect to phantom stock units, and phantom stock units are subject to dividend reinvestment during the deferral period.
The aggregate value of the phantom stock units, including any additional phantom stock units acquired through dividend reinvestment during the deferral period, will be paid out in cash to the reporting person after the end of his service on the Board. At such time, the cash value of all of the phantom stock units will be calculated based on the closing price for the Company's Common Stock on the payment date, in accordance with the DCP and the reporting person's elections for his director compensation for the period in which the units were earned, which elections are on file with the Company.
These phantom stock units represent the third quarter 2022 director fees and were issued to the reporting person on August 1, 2022, based on the Company's closing price per share on that date of $20.28.
At the end of the deferral period, the cash value of the phantom stock units will be calculated based on the closing price for the Company's Common Stock on the payment date, in accordance with the DCP and the reporting person's elections for his director compensation for the period in which the units were earned, which elections are on file with the Company.
The reporting person has elected to defer settlement of the cash value of the phantom stock units until after the end of his service on the Board of the Company, pursuant to the terms of the DCP.
N/A
The reported total includes a total of 215.65 additional phantom stock units acquired by the reporting person since the date of his last report pursuant to a dividend reinvestment feature of the DCP. The phantom stock units acquired pursuant to the dividend reinvestment feature of the DCP. The phantom stock units acquired pursuant to the dividend reinvestment feature will be settled for cash after the end of the reporting person's service on the Company's Board.
Represents vested awards of restricted stock units ("RSUs") granted in 2018, 2019, 2020 and 2021. The reporting person elected to defer settlement on the scheduled vesting date and the RSUs instead converted to an equal number of phantom stock units, in accordance with the DCP. The phantom stock units will settle on a one-for-one basis for shares of the Company's Common Stock after the end of the reporting person's service on the Company's Board.
The reporting person's phantom stock units will convert to shares of the Company's Common Stock on a one-for-one basis after the end of the reporting person's service on the Company's Board, in accordance with the DCP.
The reported total includes 436.65 additional phantom stock units acquired by the reporting person since the date of his last report pursuant to a dividend reinvestment feature of the DCP. The additional phantom stock units acquired pursuant to the dividend reinvestment feature will be settled for cash after the end of the reporting person's service on the Company's Board.
/s/ Raj Dave, attorney-in-fact for James R. Craigie
2022-08-03