Thomas David Singer - Aug 19, 2024 Form 4 Insider Report for PYXUS INTERNATIONAL, INC. (PYYX)

Role: SVP Chief Legal Officer & Sec
Signature: /s/ Christopher Meredith, Attorney-In-Fact
Stock symbol: PYYX
Transactions as of: Aug 19, 2024
Transactions value $: $0
Form type: 4
Date filed: 8/21/2024, 04:03 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PYYX	Restricted Stock Units	Award	$0	+39.2K		$0.00	39.2K	Aug 19, 2024	Common Stock	39.2K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Pyxus International, Inc. common stock.
F2	The restricted stock units were awarded on August 19, 2024 and are to be earned for vesting, subject to continued employment, in equal installments on August 19, 2025, March 31, 2026 and March 31, 2027, with vesting being further contingent upon the earliest to occur of the following: (i) March 31, 2031; (ii) the occurrence of a "Change in Control" (as defined in the Pyxus International, Inc. Amended and Restated 2020 Incentive Plan) as a result of a merger, consolidation, share exchange or sale of all or substantially all of the assets of the Company; or (iii) Pyxus International, Inc.'s common stock being listed for trading on a securities exchange registered with the SEC under Section 6 of the Securities Exchange Act of 1934 or an approved foreign securities exchange.

Content

Each restricted stock unit represents a contingent right to receive one share of Pyxus International, Inc. common stock.

The restricted stock units were awarded on August 19, 2024 and are to be earned for vesting, subject to continued employment, in equal installments on August 19, 2025, March 31, 2026 and March 31, 2027, with vesting being further contingent upon the earliest to occur of the following: (i) March 31, 2031; (ii) the occurrence of a "Change in Control" (as defined in the Pyxus International, Inc. Amended and Restated 2020 Incentive Plan) as a result of a merger, consolidation, share exchange or sale of all or substantially all of the assets of the Company; or (iii) Pyxus International, Inc.'s common stock being listed for trading on a securities exchange registered with the SEC under Section 6 of the Securities Exchange Act of 1934 or an approved foreign securities exchange.