Blake Schuhmacher - Aug 26, 2022 Form 3 Insider Report for Westrock Coffee Co (WEST)

Role
CHIEF ACCOUNTING OFFICER
Signature
/s/ Blake Schuhmacher
Stock symbol
WEST
Transactions as of
Aug 26, 2022
Transactions value $
$0
Form type
3
Date filed
8/26/2022, 07:07 PM
Next filing
Aug 29, 2022

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
holding WEST Stock Option (right to buy) Aug 26, 2022 Common Stock 6.56K $9.54 Direct F1
holding WEST Stock Option (right to buy) Aug 26, 2022 Common Stock 19.7K $9.54 Direct F1, F2
holding WEST Stock Option (right to buy) Aug 26, 2022 Common Stock 26.2K $9.54 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each stock option is exercisable for one share of common stock, par value $0.01 per share, of Issuer ("Common Stock").
F2 Consists of unvested options. 6,558 stock options will vest on 4/30/2023, 6,557 options will vest on 4/30/2024 and 6,558 stock options will vest on 4/30/2025, subject to certain forfeiture conditions. The options will be exercisable from their vesting date.
F3 Consists of unvested options. These options will vest if the simple average of the daily volume weighted average price per share of Common Stock for 10 trading days in any consecutive 30-day period equals $18.50 per share, and are subject to certain forfeiture conditions.

Remarks:

Exhibit 24 - Power of Attorney