0000899243-17-008312.txt : 20170321
0000899243-17-008312.hdr.sgml : 20170321
20170321181101
ACCESSION NUMBER: 0000899243-17-008312
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170317
FILED AS OF DATE: 20170321
DATE AS OF CHANGE: 20170321
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: 221 RIVER STREET
CITY: HOBOKEN
STATE: NJ
ZIP: 07030
BUSINESS PHONE: 770.418.7000
MAIL ADDRESS:
STREET 1: 221 RIVER STREET
CITY: HOBOKEN
STATE: NJ
ZIP: 07030
FORMER COMPANY:
FORMER CONFORMED NAME: NEWELL RUBBERMAID INC
DATE OF NAME CHANGE: 19990329
FORMER COMPANY:
FORMER CONFORMED NAME: NEWELL CO
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: NEW NEWELL CO
DATE OF NAME CHANGE: 19870713
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: FRANKLIN MARTIN E
CENTRAL INDEX KEY: 0000940603
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09608
FILM NUMBER: 17705162
MAIL ADDRESS:
STREET 1: C/O MARIPOSA CAPITAL, LLC
STREET 2: 5200 BLUE LAGOON DRIVE, SUITE 855
CITY: MIAMI
STATE: FL
ZIP: 33126
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-03-17
0
0000814453
NEWELL BRANDS INC
NWL
0000940603
FRANKLIN MARTIN E
C/O NEWELL BRANDS
221 RIVER STREET
HOBOKEN
NJ
07030
1
0
0
0
Common Stock
2017-03-17
4
J
1
2653699
D
2047227
D
Call Option (obligation to sell)
2017-03-17
4
J
1
2979961
0.00
D
2017-03-17
2017-03-17
Common Stock
2979961
0
D
Put option (right to sell)
2017-03-17
4
J
1
2979961
0.00
D
2017-03-17
2017-03-17
Common Stock
2979961
0
D
On March 17, 2017, the reporting person settled collar arrangements entered into the second quarter of 2016 pursuant to which he wrote a covered call option and purchased a put option. The collar arrangements obligated the reporting person to deliver to unaffiliated third party purchasers up to 2,979,961 shares of NWL common stock on the expiration date of the contracts. In exchange for assuming this obligation, the reporting person received a cash payment of $182.7 million as of the date of settlement of the contracts. The reporting person pledged 2,979,961 shares of NWL common stock (the "Pledged Shares") to secure his obligation under the contracts, and retained dividend and voting rights in the Pledged Shares during the term of the pledge. On March 17, 2017, the settlement price of the NWL common stock was $48.51.
(continued from Footnote 1) Accordingly, the reporting person transferred to the purchasers 2,653,699 of the Pledged Shares, and the purchasers returned to the reporting person the remaining 326,262 Pledged Shares.
/s/ Michael Peterson, attorney-in-fact for Martin E. Franklin
2017-03-21