Sababa Holdings Free LLC - Feb 12, 2024 Form 4 Insider Report for Whole Earth Brands, Inc. (FREE)

Role
10%+ Owner
Signature
/s/ Sir Martin E. Franklin, Manager
Stock symbol
FREE
Transactions as of
Feb 12, 2024
Transactions value $
$0
Form type
4
Date filed
2/13/2024, 07:15 PM
Previous filing
Jun 21, 2023
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FREE Common Stock Other -50K -100% 0 Feb 12, 2024 By Marpet Capital, LLC F1, F2
transaction FREE Common Stock Other +50K 50K Feb 12, 2024 By Trust F1, F3
transaction FREE Common Stock Other -50K -100% 0 Feb 12, 2024 By Trust F3, F4
transaction FREE Common Stock Other +50K +0.56% 8.91M Feb 12, 2024 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a distribution from Marpet Capital, LLC, a Delaware limited liability company ("Marpet") to the Martin E. Franklin Revocable Trust (the "Trust").
F2 Marpet is 75% owned by the Trust. Sir Martin E. Franklin ("Franklin") controls the disposition and voting of these shares as a manager of Marpet.
F3 These shares are held directly by the Trust and Franklin is the trustee, settlor and sole beneficiary of the Trust.
F4 Represents a capital contribution from the Trust to Sababa Holdings FREE LLC ("Sababa").
F5 These shares of Common Stock (the "Shares") are held directly by Sababa. The Trust is the sole member of Sababa (excluding certain individuals affiliated with Sababa holding direct or indirect profits interests therein). Franklin is the manager of Sababa and, as such, has the sole voting and disposition power with respect to these Shares. As a result, the Trust and Franklin may be deemed to have a pecuniary interest in the Shares held by Sababa. Each of the Trust and Franklin disclaim beneficial ownership of the Shares except to the extent of their pecuniary interest therein.