STROBEL STEVEN J 4
4 · NEWELL BRANDS INC · Filed May 17, 2018
Insider Transaction Report
Form 4
STROBEL STEVEN J
Director
Transactions
- Award
Restricted Stock Units
2018-05-15+5,504→ 5,504 total→ Common Stock (5,504 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Newell Brands Inc. common stock.
- [F2]The reporting person shall become fully vested in his or her award upon the earlier of: (i) the first anniversary of the date of the grant of the award; or (ii) the date immediately preceding the date of the Company's 2019 annual meeting of shareholders, provided he or she remains in continuous service on the Board until such date, but the award may vest earlier in the event of death, disability or retirement. If the Company pays a dividend on its common stock, upon vesting, the reporting person will receive an amount in cash equal in value to the dividends that the reporting person would have received had the reporting person been the actual owner of the number of shares of Company common stock represented by the restricted stock units.
- [F3]N/A