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 |
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 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. |