Jason E. Paral - Aug 2, 2023 Form 4 Insider Report for Enviva Inc. (EVA)

Signature
/s/ Jason E. Paral
Stock symbol
EVA
Transactions as of
Aug 2, 2023
Transactions value $
$0
Form type
4
Date filed
8/4/2023, 04:08 PM
Previous filing
Mar 7, 2023
Next filing
Jan 31, 2024

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 EVA Restricted Stock Units Award $0 +38.8K $0.00 38.8K Aug 2, 2023 Common Stock 38.8K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is the economic equivalent of one share of common stock and includes a tandem grant of a dividend equivalent right entitling the holder to receive an amount in cash equal to the value of any cash dividends paid to the holders of the Issuer's common stock during the period in which the restricted stock unit is outstanding. One-half of the restricted stock units will vest on the second anniversary of the date of grant, and the second half of the restricted stock units will vest on the third anniversary of the date of grant, as long as the Reporting Person remains continuously employed through such dates, and may be settled in either cash or shares of common stock.