Brian Litman - May 9, 2024 Form 4 Insider Report for Whole Earth Brands, Inc. (FREE)

Role
Chief Accounting Officer
Signature
/s/ Brian Litman, by Ira W. Schlussel, as Attorney-in-Fact
Stock symbol
FREE
Transactions as of
May 9, 2024
Transactions value $
-$46,779
Form type
4
Date filed
5/13/2024, 04:01 PM
Previous filing
Mar 26, 2024
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FREE Common Stock Options Exercise +22.8K +35.04% 88.1K May 9, 2024 Direct F1
transaction FREE Common Stock Tax liability -$46.8K -9.67K -10.98% $4.84 78.4K May 9, 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 -22.8K -18.91% $0.00 98K May 9, 2024 Common Stock 22.8K Direct F1, F2
* 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 May 9, 2023, the Reporting Person was granted 68,549 restricted stock units, vesting in three annual installments beginning on the first anniversary of the date of grant.