Thomas Ermi - 31 Mar 2023 Form 4 Insider Report for AgroFresh Solutions, Inc.

Reporting relationship: EVP,Secretary&General Counsel
Issuer ticker: N/A
Reported as of: 31 Mar 2023
Net transaction value: -$1,118,862
SEC form: 4
Accepted by SEC: 04 Apr 2023, 15:53:03 UTC
Prior SEC filing: 13 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Jason Simon, Attorney-in-Fact

Key filing fact

Thomas Ermi filed Form 4 for AgroFresh Solutions, Inc. on 04 Apr 2023.

Key facts

This page summarizes Thomas Ermi's Form 4 filing for AgroFresh Solutions, Inc..
5 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 04 Apr 2023, 15:53.

Change

Previous filing in this sequence was filed on 13 Mar 2023.
Current net transaction value: -$1,118,862.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AGFS transaction

Common Stock

Disposed to Issuer

Transaction value: $1,118,862
Shares: -372,954
Change %: -100%
Price: $3.00
Shares after: 0
Date: 31 Mar 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AGFS transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value: $0
Shares: -82,500
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 31 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 82,500
Exercise price: $12.00
Footnotes: F2

AGFS transaction Derivative

Employee stock option (right to buy)

Other

Transaction value: $0
Shares: -8,900
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 31 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,900
Exercise price: $7.35
Footnotes: F2

AGFS transaction Derivative

Employee stock option (right to buy)

Other

Transaction value: $0
Shares: -13,150
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 31 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,150
Exercise price: $4.37
Footnotes: F2

AGFS transaction Derivative

Employee stock option (right to buy)

Other

Transaction value: $0
Shares: -25,450
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 31 Mar 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 25,450
Exercise price: $3.34
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Thomas Ermi is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Disposed of pursuant to an Agreement and Plan of Merger entered into by and among the Issuer, Project Cloud Holdings, LLC and Project Cloud Merger Sub, Inc. dated November 21, 2022 (the "Merger Agreement"). Pursuant to the Merger Agreement, each outstanding share of Issuer's common stock was converted into the right to receive $3.00 per share in cash without interest.

Footnote F2

At the effective time of the merger pursuant to the Merger Agreement, the unexercised options that were previously granted to the Reporting Person were cancelled for no consideration, payment or right to consideration or payment.