Brian Litman - 18 Mar 2024 Form 4 Insider Report for Whole Earth Brands, Inc.

Role
Chief Accounting Officer
Signature
/s/ Brian Litman, by Ira W. Schlussel, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
18 Mar 2024
Net transactions value
-$15,715
Form type
4
Filing time
20 Mar 2024, 16:01:18 UTC
Previous filing
24 Aug 2023
Next filing
26 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FREE Common Stock Options Exercise +10,455 +19% 64,916 18 Mar 2024 Direct F1
transaction FREE Common Stock Tax liability $15,715 -3,274 -5% $4.80 61,642 18 Mar 2024 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 -2,615 -2% $0.000000 126,708 18 Mar 2024 Common Stock 2,615 Direct F1, F2
transaction FREE Performance-based Restricted Stock Units Options Exercise $0 -7,840 -8.3% $0.000000 86,158 18 Mar 2024 Common Stock 7,840 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 and performance-based restricted stock units convert into shares of Whole Earth Brands, Inc.'s common stock on a one-for-one basis.
F2 On March 18, 2021, the Reporting Person was granted 7,836 restricted stock units, vesting in three annual installments beginning on the first anniversary of the date of grant.
F3 On March 18, 2021, the Reporting Person was granted 7,840 performance-based restricted stock units, vesting on the third anniversary of the date of grant, subject to the achievement by Whole Earth Brands, Inc. of certain financial performance criteria.