Scott T. Ford - Aug 29, 2023 Form 4 Insider Report for Westrock Coffee Co (WEST)

Signature
/s/ BY: ROBERT P. MCKINNEY AS ATTORNEY-IN-FACT FOR SCOTT T. FORD
Stock symbol
WEST
Transactions as of
Aug 29, 2023
Transactions value $
-$249,629
Form type
4
Date filed
8/30/2023, 04:04 PM
Previous filing
Aug 2, 2023
Next filing
Nov 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEST COMMON STOCK Tax liability -$250K -24.8K -10.38% $10.06 214K Aug 29, 2023 Direct F1
holding WEST COMMON STOCK 23.2M Aug 29, 2023 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were withheld by the Issuer to satisfy the reporting person's tax obligations that arose on August 29, 2023, when restricted stock units belonging to the reporting person vested.
F2 Consists of 23,163,104 shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), which are held of record by Westrock Group, LLC ("Westrock Group"). Greenbrier Holdings, LLC ("Greenbrier") is the manager of Westrock Group and as such has voting and investment power over the shares of Common Stock held by Westrock Group. Scott T. Ford is the sole member and manager of Greenbrier and as such may be deemed to exercise voting and investment control over the shares of Common Stock held by Westrock Group. Mr. Ford disclaims beneficial ownership over all shares held by Westrock Group over which he does not have a 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.