Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WEST | COMMON STOCK | Award | $0 | +8.22K | +10.97% | $0.00 | 83.1K | Aug 14, 2023 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | WEST | Warrants for Common Stock | 74K | Aug 14, 2023 | Common Stock | 74K | $11.50 | Direct | F3 |
Id | Content |
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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 on August 14, 2024, 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 | Includes 40,926 shares received by the reporting person from a pro rata distribution of shares of the issuer's common stock held by a limited liability company of which the reporting person is a member. |
F3 | Represents 74,000 warrants received by the reporting person from a pro rata distribution of warrants to acquire the issuer's common stock held by a limited liability company of which the reporting person is a member. |