0000814453-24-000031.txt : 20240221 0000814453-24-000031.hdr.sgml : 20240221 20240221161226 ACCESSION NUMBER: 0000814453-24-000031 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240216 FILED AS OF DATE: 20240221 DATE AS OF CHANGE: 20240221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sesplankis Jeffrey M CENTRAL INDEX KEY: 0001719391 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09608 FILM NUMBER: 24659576 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_1708549918.xml FORM 4 X0508 4 2024-02-16 0 0000814453 NEWELL BRANDS INC. NWL 0001719391 Sesplankis Jeffrey M C/O NEWELL BRANDS INC. 6655 PEACHTREE DUNWOODY ROAD ATLANTA GA 30328 0 1 0 0 Chief Accounting Officer 0 Common Stock 2024-02-16 4 M 0 2101 0 A 2101 D Common Stock 2024-02-16 4 F 0 739 7.67 D 1362 D Common Stock 2024-02-16 4 M 0 2523 0 A 3885 D Common Stock 2024-02-16 4 F 0 887 7.67 D 2998 D Common Stock 2024-02-17 4 M 0 4530 0 A 7528 D Common Stock 2024-02-16 4 F 0 1592 7.67 D 5936 D Restricted Stock Units 2024-02-16 4 M 0 2101 0 D Common Stock 2101 0 D Restricted Stock Units 2024-02-16 4 M 0 2523 0 D Common Stock 2523 0 D Restricted Stock Units 2024-02-17 4 M 0 4530 0 D Common Stock 4530 0 D Restricted Stock Units 2024-02-16 4 A 0 21512 0 A Common Stock 21512 21512 D The Company's 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, 2021. and December 31, 2023. Withholding of shares to cover taxes on the vesting was calculated based on the Company's closing stock price on February 16, 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, 2021, and December 31, 2023, 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 ratably in one-third increments on the grant date's first, second, and third anniversaries, subject to the Reporting Person's continuous employment with the Company. N/A /s/ Bradford R. Turner, Attorney in Fact for Jeffrey Sesplankis 2024-02-21