Jason E. Paral - Jan 17, 2023 Form 3 Insider Report for Enviva Inc. (EVA)

Role
SVP, Gen. Counsel & Secretary
Signature
/s/ Jason E. Paral
Stock symbol
EVA
Transactions as of
Jan 17, 2023
Transactions value $
$0
Form type
3
Date filed
1/27/2023, 07:03 PM
Next filing
Jan 31, 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
holding EVA Restricted Stock Units Jan 17, 2023 Common Stock 2.57K $0.00 Direct F1
holding EVA Restricted Stock Units Jan 17, 2023 Common Stock 2.57K $0.00 Direct F2
holding EVA Restricted Stock Units Jan 17, 2023 Common Stock 2.69K $0.00 Direct F3
holding EVA Restricted Stock Units Jan 17, 2023 Common Stock 7.61K $0.00 Direct F4
holding EVA Restricted Stock Units Jan 17, 2023 Common Stock 2.35K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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. Each restricted unit was granted on January 29, 2020 and will vest on the third anniversary of the date of grant as long as the Reporting Person remains continuously employed through such date, and may be settled in either cash or shares of common stock.
F2 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. Each restricted unit was granted on January 29, 2020 and will vest on the fourth anniversary of the date of grant as long as the Reporting Person remains continuously employed through such date, and may be settled in either cash or shares of common stock.
F3 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. Each restricted unit was granted on January 27, 2021 and will vest on the fourth anniversary of the date of grant as long as the Reporting Person remains continuously employed through such date, and may be settled in either cash or shares of common stock.
F4 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. Each restricted unit was granted on October 18, 2021 and will vest on the fourth anniversary of the date of grant as long as the Reporting Person remains continuously employed through such date, and may be settled in either cash or shares of common stock.
F5 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. Each restricted unit was granted on February 1, 2022 and will vest on the fourth anniversary of the date of grant as long as the Reporting Person remains continuously employed through such date, and may be settled in either cash or shares of common stock.

Remarks:

The Reporting Person is the Senior Vice President, General Counsel, and Secretary of Enviva Inc., the Issuer.