SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Watson Clyde David (Last) (First) (Middle) C/O REYNOLDS CONSUMER PRODUCTS INC. 1900 W. FIELD COURT (Street) LAKE FOREST IL 60045 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 04/29/2021	3. Issuer Name and Ticker or Trading Symbol Reynolds Consumer Products Inc. [ REYN ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Legal Counsel/Corp Sec	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	39	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Share Units	(1)	(1)	Common Stock	167	(2)	D
Performance Share Units	(3)	(3)	Common Stock	910	(2)	D
Restricted Stock Units	(4)	(4)	Common Stock	112	(5)	D
Restricted Stock Units	(6)	(6)	Common Stock	910	(5)	D

Explanation of Responses:

1. On March 5, 2020, the reporting person was granted performance stock units ("PSUs"), with the number of PSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period of 2020 - 2022. Subject to the satisfaction of the performance conditions, the PSUs vest on March 5, 2023.

2. Each PSU represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.

3. On February 1, 2021, the reporting person was granted PSUs, with the number of PSUs earned to be determined based on the extent to which certain performance conditions were met for a performance period of 2021 - 2023. Subject to the satisfaction of the performance conditions, the PSUs vest on February 1, 2024.

4. The restricted stock units ("RSUs") vest as follows: 56 of the RSUs vest on March 5, 2022; and 56 of the RSUs vest on March 5, 2023.

5. Each RSU represents a contingent right to receive one share of Reynolds Consumer Products Inc. common stock.

6. The RSUs vest as follows: 303 of the RSUs vest on February 1, 2022; 303 of the RSUs vest on February 1, 2023; and 304 of the RSUs vest on February 1, 2024.

Remarks:

Exhibit 24 - Power of Attorney

	C. David Watson	05/07/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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