0000899243-17-007679.txt : 20170315
0000899243-17-007679.hdr.sgml : 20170315
20170315210024
ACCESSION NUMBER: 0000899243-17-007679
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170313
FILED AS OF DATE: 20170315
DATE AS OF CHANGE: 20170315
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: ASHKEN IAN G H
CENTRAL INDEX KEY: 0001093725
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09608
FILM NUMBER: 17692721
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
2017-03-13
0
0000814453
NEWELL BRANDS INC
NWL
0001093725
ASHKEN IAN G H
C/O NEWELL BRANDS
221 RIVER STREET
HOBOKEN
NJ
07030
1
0
0
0
Common Stock
2017-03-13
4
S
0
30000
48.47
D
962909
D
Common Stock
2017-03-14
4
S
0
21000
47.99
D
941909
D
Common Stock
2017-03-14
4
J
1
430535
D
511374
D
Call Option (obligation to sell)
2017-03-14
4
J
1
481852
0.00
D
2017-03-14
2017-03-14
Common Stock
481852
0
D
Put option (right to sell)
2017-03-14
4
J
1
481852
0.00
D
2017-03-14
2017-03-14
Common Stock
481852
0
D
On March 14, 2017, the reporting person settled a collar arrangement entered into in the second quarter of 2016 pursuant to which he wrote a covered call option and purchased a put option. The collar arrangement obligated the reporting person to deliver to an unaffiliated third party purchaser up to 481,852 shares of NWL common stock on the expiration date of the contract. In exchange for assuming this obligation, the reporting person received a cash payment of $20.8 million as of the date of settlement of the contract. The reporting person pledged 481,852 shares of NWL common stock (the "Pledged Shares") to secure his obligation under the contract, and retained dividend and voting rights in the Pledged Shares during the term of the pledge.
(Continued from Footnote 1) On March 14, 2017, the settlement price of the NWL common stock was $48.369. Accordingly, the reporting person transferred to the purchaser 430,535 of the Pledged Shares, and the reporting person requested that the remaining approximately 51,000 Pledged Shares be sold in an open market transaction.
/s/ Michael Peterson, attorney-in-fact for Ian G.H. Ashken
2017-03-15