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Filing Details

Accession Number:: 0000899243-17-023239
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-10-03 08:22:25
Reporting Period:: 2017-10-02

Accepted Time:: 2017-10-03 08:22:25
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
814453	Newell Brands Inc	NWL	Plastics Products, Nec (3089)	363514169

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1093725	H G Ian Ashken	C/O Newell Brands 221 River Street Hoboken NJ 07030		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2017-10-02	511,322	$0.00	511,374	No	4	S	Indirect	By IGHA Holdings, LLLP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By IGHA Holdings, LLLP

Footnotes

Prior to the sale transaction reported herein, through a series of direct and indirect transfers for estate planning purposes, all of which were exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16a-13 promulgated thereunder, the reporting person transferred all of his interest in the shares previously reported as owned by the reporting person to a newly formed limited liability limited partnership, IGHA Holdings, LLLP (the "LLLP"), of which the reporting person was, at the time of such transfer, the indirect general partner and holder of all general partnership interests of the LLLP and the indirect sole limited partner and holder of all limited partnership interests of LLLP (such limited partnership interests being the "LP Interests").
Following the sale transaction reported herein, the reporting person will continue to control the general partner of the LLLP. As a result of the foregoing, the reporting person may be deemed to have beneficial ownership (as determined under Section 16 of the Exchange Act) of the shares held by the LLLP to the extent of his pecuniary interest therein.
On October 2, 2017, the reporting person sold the LP Interest to a trust for an installment note as further described in footnote 4 below.
The purchase price for the sale of the LP Interest is the fair market value of the LP Interest for Federal gift tax purposes to be evidenced by an installment note for such amount as determined pursuant to a third-party appraisal.