Trisha Fox - Mar 24, 2023 Form 4 Insider Report for Whole Earth Brands, Inc. (FREE)

Role: Chief Human Resources Officer
Signature: /s/ Trisha Fox, by Ira W. Schlussel, as Attorney-in-Fact
Stock symbol: FREE
Transactions as of: Mar 24, 2023
Transactions value $: -$4,937
Form type: 4
Date filed: 3/28/2023, 04:11 PM
Previous filing: Mar 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FREE	Common Stock	Options Exercise		+7.83K	+2532.69%		8.14K	Mar 24, 2023	Direct	F1, F2
transaction	FREE	Common Stock	Tax liability	-$4.94K	-2.09K	-25.72%	$2.36	6.04K	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	-7.83K	-8.63%	$0.00	82.9K	Mar 24, 2023	Common Stock	7.83K		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 March 21, 2023, the Reporting Person reported ownership of 2,422 shares. Of the shares that vested on 3/24/23, 2.113 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 24, 2022, the Reporting Person was granted 23,483 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the date of grant.