Rajnish Ohri - Aug 1, 2023 Form 4 Insider Report for Whole Earth Brands, Inc. (FREE)

Role
Interim Co-CEO
Signature
/s/ Rajnish Ohri, by Ira W. Schlussel, as Attorney-in-Fact
Stock symbol
FREE
Transactions as of
Aug 1, 2023
Transactions value $
$0
Form type
4
Date filed
8/3/2023, 04:30 PM
Previous filing
Jul 26, 2023
Next filing
Mar 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FREE Common Stock Options Exercise +56.6K +185.71% 87.1K Aug 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 FREE Restricted Stock Units Options Exercise $0 -56.6K -27.21% $0.00 151K Aug 1, 2023 Common Stock 56.6K Direct F1, F2
transaction FREE Restricted Stock Units Award $0 +187K +123.55% $0.00 338K Aug 1, 2023 Common Stock 187K 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 On August 1, 2022, the reporting person was granted 56,602 restricted stock units which vested on the first anniversary of the date of grant.
F3 Subject to the reporting person's continuous employment through the vesting date, the restricted stock units shall vest one-third (1/3) annually over the next three (3) years, commencing on the anniversary of the grant date (August 1, 2023).