0000814453-24-000061.txt : 20240507
0000814453-24-000061.hdr.sgml : 20240507
20240507161052
ACCESSION NUMBER: 0000814453-24-000061
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240504
FILED AS OF DATE: 20240507
DATE AS OF CHANGE: 20240507
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Geller Michal J.
CENTRAL INDEX KEY: 0001857597
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09608
FILM NUMBER: 24921942
MAIL ADDRESS:
STREET 1: 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]
ORGANIZATION NAME: 08 Industrial Applications and Services
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
wk-form4_1715112635.xml
FORM 4
X0508
4
2024-05-04
0
0000814453
NEWELL BRANDS INC.
NWL
0001857597
Geller Michal J.
NEWELL BRANDS INC.
6655 PEACHTREE DUNWOODY ROAD
ATLANTA
GA
30328
0
1
0
0
President, eCommerce & Digital
0
Common Stock
2024-05-04
4
M
0
3919
0
A
17595
D
Common Stock
2024-05-04
4
F
0
1460
7.66
D
16135
D
Common Stock
2024-05-04
4
M
0
4704
0
A
20839
D
Common Stock
2024-05-04
4
F
0
1753
7.66
D
19086
D
Restricted Stock Units
2024-05-04
4
M
0
3919
0
D
Common Stock
3919
0
D
Restricted Stock Units
2024-05-04
4
M
0
4704
0
D
Common Stock
4704
0
D
The Company Compensation and Human Capital Committee certified partial achievement of the pre-established performance goals resulting in the vesting of the Reporting Person's target shares. The terms of the Reporting Person's Performance-Based Restricted Stock Units (PRSU) provided for the payout of 0% to 200% of the original grant based on the actual achievement of performance metrics related to core sales growth and cumulative free cash flow between January 1, 2022, and December 31, 2024.
Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on May 3, 2024.
Each PRSU represents the right to receive, following vesting, between 0% and 200% of one share of the Company's common stock.
Each PRSU 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 core sales growth and cumulative free cash flow over a three (3) year period between January 1, 2022, and December 31, 2024, 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 PRSU 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 restricted stock unit vests on the third anniversary of the grant date, subject to the Reporting Person's continuous employment with the Company.
N/A
/s/ Bradford R. Turner, Attorney in Fact for Michal Geller
2024-05-07