Trisha L. Fox - 19 Dec 2021 Form 3 Insider Report for Whole Earth Brands, Inc.

Role
Chief Human Resources Officer
Signature
/s/ Ira W. Schlussel, as Attorney-in-Fact for Trisha Fox
Issuer symbol
N/A
Transactions as of
19 Dec 2021
Net transactions value
$0
Form type
3
Filing time
29 Dec 2021, 16:47:47 UTC
Next filing
22 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FREE No securities are beneficially owned. 0 19 Dec 2021 Direct

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
holding FREE Restricted Stock Units 19 Dec 2021 Common Stock 15,227 Direct F1, F2
holding FREE Performance-Based Restricted Stock Units 19 Dec 2021 Common Stock 15,228 Direct F1, F3
* 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 (1) share of Whole Earth Brands, Inc. Common Stock.
F2 Subject to the reporting person's continuous employment through the vesting date, the restricted stock units shall vest one-third (1/3) annually over the next three (3) years, commencing on the date of grant, except in the case of the reporting person's earlier involuntary termination. In the event of a voluntary termination by the reporting person prior to the vesting date, all restricted stock units will be forfeited.
F3 The vesting of these performance-based restricted stock units ("PSUs") is dependent upon the achievement by Whole Earth Brands, Inc. of certain financial performance criteria. Subject to continued employment through the applicable vesting date and to accelerated vesting in certain circumstances, the number of PSUs scheduled to vest on the third anniversary of the grant date following the 2023 annual performance period will vary between 0% and 200% of the number reported, depending on whether and the extent to which Whole Earth Brands, Inc. meets certain financial performance goals.

Remarks:

Exhibit 24.1 Power of Attorney