Key facts
- This page summarizes PAINE SCHWARTZ PARTNERS, LLC's Form 4 filing for AgroFresh Solutions, Inc..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 04 Apr 2023, 21:37.
PAINE SCHWARTZ PARTNERS, LLC - 31 Mar 2023 Form 4 Insider Report for AgroFresh Solutions, Inc.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 31 Mar 2023
- Net transaction value
- -$549,570
- SEC form
- 4
- Accepted by SEC
- 04 Apr 2023, 21:37:37 UTC
- Prior SEC filing
- 08 Aug 2022
- Source filing
- View source filing
- Reporting owner signature
- Paine Schwartz Partners, LLC, By: /s/ Kevin Schwartz, Name: Kevin Schwartz, Authorized Signatory
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
PAINE SCHWARTZ PARTNERS, LLC filed Form 4 for AgroFresh Solutions, Inc. on 04 Apr 2023.
Change
- Previous filing in this sequence was filed on 08 Aug 2022.
- Current net transaction value: -$549,570.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AGFS
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $549,570
- Shares
- -183,190
- Change %
- -100%
- Price
- $3.00
- Shares after
- 0
- Date
- 31 Mar 2023
- Ownership
- See footnote
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
PAINE SCHWARTZ PARTNERS, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
The Reported Securities were disposed in connection with the closing of the merger by and among AgroFresh Solutions, Inc. (the "Issuer"), Project Cloud Holdings, LLC and Project Cloud Merger Sub, Inc. on March 31, 2023 (the "Merger") as disclosed on the Form 8-K filed by the Issuer with the SEC on March 31, 2023. In connection with the closing of the Merger, Paine Schwartz Partners, LLC, a Delaware limited liability company ("PSP") ceased to beneficially own any Issuer securities.
Footnote F2
Reflects shares granted under the Issuer's 2015 Incentive Compensation Plan to Kevin Schwartz and Alexander Corbacho in connection with their service as directors of the Issuer. Pursuant to an assignment agreement between Paine Schwartz Partners Fund V Management, LLC, a wholly owned subsidiary of PSP, and both Mr. Schwartz and Mr. Corbacho, effective as of July 27, 2020, each of Mr. Schwartz and Mr. Corbacho has assigned to PSP all of his right, title and interest in and to any compensation, including equity awards, he receives from the Issuer for his services as a director of the Issuer.
Footnote F3
Mr. Schwartz serves as manager of the ultimate general partner of PSP, and disclaims beneficial ownership of any common stock held of record or beneficially owned by PSP and any of its parent companies or subsidiaries. Each Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose, except to the extent of its respective pecuniary interest therein, if any.
SEC remarks
For purposes of Section 16 of the Exchange Act, the Reporting Persons may be deemed to be directors by deputization by virtue of the fact that an affiliate of PSP has a contractual right to nominate directors to the Issuer's board of directors (the "Board"). Mr. Schwartz and Mr. Corbacho were each designated to serve on the Board by such PSP affiliate. As a result, the "Director" box is marked in Item 5 of this Form 4.