Blake Schuhmacher - Mar 15, 2024 Form 4 Insider Report for Westrock Coffee Co (WEST)

Signature
/s/ BY: ROBERT P. MCKINNEY AS ATTORNEY-IN-FACT FOR BLAKE SCHUHMACHER
Stock symbol
WEST
Transactions as of
Mar 15, 2024
Transactions value $
-$51,110
Form type
4
Date filed
3/19/2024, 05:55 PM
Previous filing
Aug 30, 2023
Next filing
Aug 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEST COMMON STOCK Award $0 +20.2K +35.3% $0.00 77.6K Mar 15, 2024 Direct F1
transaction WEST COMMON STOCK Tax liability -$51.1K -5.32K -6.86% $9.60 72.3K Mar 17, 2024 Direct 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 four equal installments starting on March 15, 2025, subject to the reporting person's continued employment with the Issuer through the applicable vesting dates and certain early vesting conditions.
F2 These shares were withheld by the Issuer to satisfy the reporting person's tax obligations that arose on March 17, 2024, when RSUs belonging to the reporting person vested.