Trisha Fox - Mar 18, 2023 Form 4 Insider Report for Whole Earth Brands, Inc. (FREE)

Signature
/s/ Trisha Fox, by Ira W. Schlussel, as Attorney-in-Fact
Stock symbol
FREE
Transactions as of
Mar 18, 2023
Transactions value $
-$3,785
Form type
4
Date filed
3/21/2023, 04:18 PM
Previous filing
Aug 23, 2022
Next filing
Mar 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FREE Common Stock Options Exercise +5.08K 3.71K Mar 18, 2023 Direct F1, F2
transaction FREE Common Stock Tax liability -$3.78K -1.28K -34.63% $2.95 2.42K Mar 18, 2023 Direct

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 Options Exercise $0 -5.08K -5.3% $0.00 90.7K Mar 18, 2023 Common Stock 5.08K Direct F1, F3
* 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 As of the date of the Reporting Person's Form 4 dated August 23, 2022, the Reporting Person reported ownership of 0 shares. Of the shares that vested on 3/18/23, 1,370 shares were transferred for no consideration to a former spouse pursuant to a domestic relations order. For purposes of Section 16, following the transfer, the securities owned by the former spouse are no longer beneficially owned by the Reporting Person.
F3 On March 18, 2021, the Reporting Person was granted 15,225 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the date of grant.