Janet Wong - Feb 1, 2022 Form 4 Insider Report for Enviva Inc. (EVA)

Role: Director
Signature: /s/ Jason E. Paral, as attorney-in-fact for Janet S. Wong
Stock symbol: EVA
Transactions as of: Feb 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/3/2022, 05:03 PM
Previous filing: Jan 28, 2022
Next filing: Mar 11, 2022

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	EVA	Restricted Stock Units	Award	$0	+2.08 K		$0.00	2.08 K	Feb 1, 2022	Common Stock	2.08 K	$0.00	Direct	F1

Explanation of Responses:

Id	Content
F1	Each restricted stock unit is the economic equivalent of one share of common stock and includes a tandem grant of a dividend equivalent right entitling the holder to receive an amount in cash equal to the value of any cash dividends paid to the holders of the Issuer's common stock during the period in which the restricted stock unit is outstanding. The restricted stock units will vest on the first anniversary of the date of grant as long as the Reporting Person continues to serve as a member of the board of directors of the Issuer through such date, and may be settled in either cash or shares of common stock.

Content

Each restricted stock unit is the economic equivalent of one share of common stock and includes a tandem grant of a dividend equivalent right entitling the holder to receive an amount in cash equal to the value of any cash dividends paid to the holders of the Issuer's common stock during the period in which the restricted stock unit is outstanding. The restricted stock units will vest on the first anniversary of the date of grant as long as the Reporting Person continues to serve as a member of the board of directors of the Issuer through such date, and may be settled in either cash or shares of common stock.