William A. Ford - 17 Mar 2023 Form 4 Insider Report for Westrock Coffee Co (WEST)

Signature
/s/ By: ROBERT P. MCKINNEY AS ATTORNEY-IN-FACT FOR WILLIAM A. FORD
Issuer symbol
WEST
Transactions as of
17 Mar 2023
Net transactions value
+$183,345
Form type
4
Filing time
20 Mar 2023, 16:21:34 UTC
Previous filing
14 Feb 2023
Next filing
30 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEST COMMON STOCK Purchase $183,345 +15,792 +8.3% $11.61 206,174 17 Mar 2023 Direct
transaction WEST COMMON STOCK Award $0 +135,075 +66% $0.000000 341,249 17 Mar 2023 Direct F1
holding WEST COMMON STOCK 4,200 17 Mar 2023 BY TRUST F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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. The RSUs will vest annually in three equal installments starting on March 17, 2024, subject to the reporting person's continued employment with the issuer through the applicable vesting dates and certain early vesting conditions.
F2 Represents shares of Common Stock, held of record by a family trust for the benefit of Mr. Ford's children, of which Mr. Ford is the trustee. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the trust over which he does not have any pecuniary interest, and this report shall not be deemed an admission that Mr. Ford 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.