Rajnish Ohri - Mar 18, 2024 Form 4 Insider Report for Whole Earth Brands, Inc. (FREE)

Role
Co-CEO
Signature
/s/ Rajnish Ohri, by Ira W. Schlussel, as Attorney-in-Fact
Stock symbol
FREE
Transactions as of
Mar 18, 2024
Transactions value $
$0
Form type
4
Date filed
3/20/2024, 04:03 PM
Previous filing
Aug 3, 2023
Next filing
Mar 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FREE Common Stock Options Exercise +18K +20.68% 105K Mar 18, 2024 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 -4.5K -1.33% $0.00 334K Mar 18, 2024 Common Stock 4.5K Direct F1, F2
transaction FREE Performance-based Restricted Stock Units Options Exercise $0 -13.5K -13.79% $0.00 84.4K Mar 18, 2024 Common Stock 13.5K 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 13,508 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 13,508 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.