Albert Manzone - 01 Aug 2022 Form 4 Insider Report for Whole Earth Brands, Inc. (FREE)

Role
Chief Executive Officer, Director
Signature
/s/ Albert Manzone, by Ira W. Schlussel, as Attorney-in-Fact
Issuer symbol
FREE
Transactions as of
01 Aug 2022
Transactions value $
$0
Form type
4
Filing time
03 Aug 2022, 16:20:26 UTC
Previous filing
03 Aug 2022
Next filing
16 Aug 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FREE Restricted Stock Units Award $0 -334K -37.31% $0.00 562K 01 Aug 2022 Common Stock 334K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into shares of Whole Earth Brands, Inc.'s common stock on a one-for-one basis.
F2 Subject to the reporting person's continuous employment through the vesting date, the restricted stock units shall vest on August 1,2023 (the one-year anniversary of the grant date), except in the case of the reporting person's earlier involuntary termination. In the event of a voluntary termination by the reporting person prior to the vesting date, all restricted stock units will be forfeited.