Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WEST | COMMON STOCK | Award | $0 | +9K | +0.53% | $0.00 | 1.71M | Aug 29, 2022 | Direct | F1 |
holding | WEST | COMMON STOCK | 4.81M | Aug 29, 2022 | See Footnote | F2 |
Id | Content |
---|---|
F1 | These restricted stock units ("RSUs") are granted pursuant to the Westrock Coffee Company 2022 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the issuer's common stock, par value $0.01 per share ("Common Stock"). The RSUs will vest on August 29, 2023, subject to the reporting person's continued service on the board of directors of the issuer through the applicable vesting date and certain early vesting conditions. |
F2 | Consists of 4,109,000 shares Common Stock owned of record by Riverview Sponsor Partners, LLC, 200,000 shares of Common Stock owned of record by RBM Acquisition, LLC, and 500,000 shares of Common Stock owned of record by RBM Investments, LLC, over which Mr. Martin may be deemed to exercise voting and investment control. Mr. Martin disclaims beneficial ownership over all shares of Common Stock held by Riverview Sponsor Partners, LLC, RBM Acquisition, LLC, and RBM Investments, LLC over which he does not have any pecuniary interest and this report shall not be deemed an admission that Mr. Martin is the beneficial owner of the disclaimed securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |