Riverstone Echo GP, LLC - Feb 24, 2023 Form 4 Insider Report for Enviva Inc. (EVA)

Signature
RIVERSTONE ECHO GP, LLC By: /s/ Peter Haskopoulos, Managing Director
Stock symbol
EVA
Transactions as of
Feb 24, 2023
Transactions value $
$0
Form type
4
Date filed
2/28/2023, 04:46 PM
Previous filing
Feb 14, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVA Common Stock Award +176K +0.62% 28.4M Feb 24, 2023 See Footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 176,245 shares of the Issuer's Common Stock, par value $0.001 per share (the "Common Stock") issued in respect of reinvested dividends pursuant to the Support Agreement, dated October 14, 2021, by and among Enviva Partners, LP, the persons set forth on Schedule I attached thereto and the other parties named therein (the "Support Agreement") on February 24, 2023 of which 85,114 shares were issued to Riverstone Echo Continuation Holdings, L.P. ("Echo Continuation Holdings"), 15,879 shares were issued to Riverstone Echo Rollover Holdings, L.P. ("Echo Rollover Holdings"), and 75,252 shares were issued to Riverstone Echo PF Holdings, L.P. ("PF Holdings").
F2 Issued in connection with each reporting person's obligation to reinvest quarterly cash dividends pursuant to the Support Agreement, to which the reporting persons are parties.
F3 David M. Leuschen and Pierre F. Lapeyre, Jr. are the managing directors of Riverstone Management Group, L.L.C. ("Riverstone Management"), and have or share voting and investment discretion with respect to the securities beneficially owned by Riverstone Management, which is the general partner of Riverstone/Gower Mgmt Co Holdings, L.P., which is the sole member of Riverstone Holdings LLC, which is the sole member of Riverstone Echo GP, LLC, which is the general partner of Riverstone Echo Partners, L.P., which is the sole member of each of Riverstone ECF GP, LLC ("ECF GP") and Riverstone Echo Rollover GP, LLC ("Echo Rollover GP").
F4 ECF GP is the general partner of each of Echo Continuation Holdings and PF Holdings. Echo Rollover GP is the general partner of Echo Rollover Holdings. As a result of these relationships, each of these entities and individuals may be deemed to have or share beneficial ownership of the securities held of record by Echo Continuation Holdings, Echo Rollover Holdings, and PF Holdings. Each such entity or person disclaims beneficial ownership of such securities except to the extent of their respective pecuniary interest therein.

Remarks:

Due to limitations of the electronic filing system, Riverstone Holdings LLC, Riverstone Management Group, L.L.C., Riverstone/Gower Mgmt Co Holdings, L.P., David M. Leuschen, and Pierre F. Lapeyre are filing a separate Form 4.