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