Duane A. Portwood - Aug 1, 2022 Form 4 Insider Report for Whole Earth Brands, Inc. (FREE)

Role
Chief Financial Officer
Signature
/s/ Duane Portwood, by Ira W.Schlussel, as Attorney-in-Fact
Stock symbol
FREE
Transactions as of
Aug 1, 2022
Transactions value $
$0
Form type
4
Date filed
8/3/2022, 04:19 PM
Previous filing
Mar 28, 2022
Next filing
Jan 12, 2023

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 FREE Restricted Stock Units Award $0 -119K -40.27% $0.00 177K Aug 1, 2022 Common Stock 119K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into shares of Whole Earth Brands, Inc.'s common stock on a one-for-one basis.
F2 Subject to the reporting person's continuous employment through the vesting date, the restricted stock units shall vest on August 1,2023 (the one-year anniversary of the grant date), 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.