Janet S. Wong - Jan 31, 2023 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
Jan 31, 2023
Transactions value $
$0
Form type
4
Date filed
2/2/2023, 07:23 PM
Previous filing
Nov 16, 2022
Next filing
Apr 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVA Common Stock Options Exercise $0 +2.08K +6.32% $0.00 35K Feb 1, 2023 Direct F1

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 +3.46K $0.00 3.46K Jan 31, 2023 Common Stock 3.46K $0.00 Direct F2
transaction EVA Restricted Stock Units Options Exercise $0 -2.08K -100% $0.00* 0 Feb 1, 2023 Common Stock 2.08K $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 1, 2023, the restricted stock units reported above vested in accordance with the Reporting Person's grant award and were settled through the issuance of an equal number of shares of common stock to the Reporting Person.
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 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.