Thomas Ermi - Mar 9, 2023 Form 4 Insider Report for AgroFresh Solutions, Inc. (AGFS)

Role: EVP,Secretary&General Counsel
Signature: /s/ Jason Simon, Attorney-in-Fact
Stock symbol: AGFS
Transactions as of: Mar 9, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/13/2023, 08:36 PM
Previous filing: Jan 3, 2023
Next filing: Apr 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AGFS	Common Stock	Award	$0	+77	+0.04%	$0.00	184K	Mar 9, 2023	Direct	F1
holding	AGFS	Common Stock						63.2K	Mar 9, 2023	Direct	F2
holding	AGFS	Common Stock						49K	Mar 9, 2023	Direct	F3
holding	AGFS	Common Stock						13.7K	Mar 9, 2023	Direct	F4
holding	AGFS	Common Stock						12.3K	Mar 9, 2023	Direct	F5
holding	AGFS	Common Stock						5.49K	Mar 9, 2023	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As previously reported, on December 29, 2022, in order to mitigate or eliminate the amount of excise tax that might be payable by the Reporting Person in certain circumstances pursuant to Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, the Board of Directors of the Issuer approved accelerated vesting of the Reporting Person's equity awards that were otherwise scheduled to vest in March and April of 2023, including performance-based stock units ("PSUs"), with PSUs accelerating vesting on December 29, 2022 at a performance level equal to 128.1% of target. Shares reported in this line represent additional shares issued upon vesting of PSUs for a "true-up" based on actual performance for 2022.
F2	The Reporting Person was granted 69,556 restricted shares in 2022, originally vesting in three equal annual installments beginning April 1, 2023. Certain of these shares were previously forfeited in satisfaction of taxes payable upon vesting. Shares reported in this row are in addition to shares reported in Row 1, which are not subject to restrictions.
F3	The Reporting Person was granted 59,978 restricted shares in 2021, originally vesting in three equal annual installments beginning on March 31, 2022. Certain of these shares were previously forfeited in satisfaction of taxes payable upon vesting. Shares reported in this row are in addition to shares reported in Row 1, which are not subject to restrictions.
F4	The Reporting Person was granted 19,100 restricted shares in 2019, vesting in three equal annual installments beginning on March 29, 2020. Certain of these shares were previously forfeited in satisfaction of taxes payable upon vesting. Shares reported in this row are in addition to shares reported in Row 1, which are not subject to restrictions.
F5	The Reporting Person was granted 15,000 restricted shares in 2018, vesting in three equal annual installments beginning on April 23, 2019. Certain of these shares were previously forfeited in satisfaction of taxes payable upon vesting. Shares reported in this row are in addition to shares reported in Row 1, which are not subject to restrictions.
F6	The Reporting Person was granted 6,700 restricted shares in 2018, vesting in three equal annual installments beginning on March 29, 2019. Certain of these shares were previously forfeited in satisfaction of taxes payable upon vesting. Shares reported in this row are in addition to shares reported in Row 1, which are not subject to restrictions.