Joe T. Ford - Aug 14, 2023 Form 4 Insider Report for Westrock Coffee Co (WEST)

Role
Director
Signature
/s/ BY: ROBERT P. MCKINNEY AS ATTORNEY-IN-FACT FOR JOE T. FORD
Stock symbol
WEST
Transactions as of
Aug 14, 2023
Transactions value $
$113,824
Form type
4
Date filed
8/16/2023, 05:27 PM
Previous filing
May 18, 2023
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEST COMMON STOCK Award $0 +8.22K +7.42% $0.00 119K Aug 14, 2023 Direct F1
transaction WEST COMMON STOCK Purchase $53.4K +5K +1.43% $10.68 355K Aug 14, 2023 By Spouse
transaction WEST COMMON STOCK Purchase $53.2K +5K +1.41% $10.63 360K Aug 15, 2023 By Spouse F2
transaction WEST COMMON STOCK Purchase $7.27K +683 +0.19% $10.65 361K Aug 16, 2023 By Spouse
holding WEST COMMON STOCK 107K Aug 14, 2023 BY TRUST F3
holding WEST COMMON STOCK 3.27M Aug 14, 2023 BY LLC F4
* 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 ("Common Stock"). 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 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.61 to $10.65, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.
F3 Consists of 107,000 shares of Common Stock, held of record by the Jo Ellen Ford Family Trust, of which Mr. Ford is the trustee. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by the Jo Ellen Ford Family 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.
F4 Consists of 3,267,976 shares of Common Stock, held of record by Wooster Capital, LLC, over which Mr. Ford may be deemed to exercise voting and investment control. Mr. Ford disclaims beneficial ownership over all shares of Common Stock held by Wooster Capital, LLC 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.