Duane A. Portwood - Mar 24, 2023 Form 4 Insider Report for Whole Earth Brands, Inc. (FREE)

Role: Chief Financial Officer
Signature: /s/ Duane A Portwood, by Ira W. Schlussel, as Attorney-in-Fact
Stock symbol: FREE
Transactions as of: Mar 24, 2023
Transactions value $: -$11,219
Form type: 4
Date filed: 3/28/2023, 04:10 PM
Previous filing: Jan 12, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FREE	Common Stock	Options Exercise		+15K	+184.71%		23.2K	Mar 24, 2023	Direct	F1
transaction	FREE	Common Stock	Tax liability	-$11.2K	-4.75K	-20.54%	$2.36	18.4K	Mar 24, 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	-15K	-9.14%	$0.00	149K	Mar 24, 2023	Common Stock	15K		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	On March 24, 2022, the Reporting Person was granted 45,062 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the date of grant.