Albert Manzone - Mar 18, 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
Stock symbol
FREE
Transactions as of
Mar 18, 2022
Transactions value $
$0
Form type
4
Date filed
3/22/2022, 07:38 PM
Previous filing
Jan 20, 2022
Next filing
Mar 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FREE Common Stock Options Exercise +27.8K +26.16% 134K Mar 18, 2022 Direct F1
transaction FREE Common Stock Options Exercise +22.9K +17.1% 157K Mar 18, 2022 Direct F1
transaction FREE Common Stock Options Exercise +12.9K +8.2% 170K Mar 18, 2022 Direct F1

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 Options Exercise $0 -27.8K -19.34% $0.00 116K Mar 18, 2022 Common Stock 27.8K Direct F1, F2
transaction FREE Restricted Stock Units Options Exercise $0 -22.9K -19.77% $0.00 93.1K Mar 18, 2022 Common Stock 22.9K Direct F1, F3
transaction FREE Restricted Stock Units Options Exercise $0 -12.9K -13.84% $0.00 80.2K Mar 18, 2022 Common Stock 12.9K Direct F1, F4
* 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 On March 18, 2021, the reporting person was granted 83,475 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date.
F3 On March 18, 2021, the reporting person was granted 22,935 restricted stock units, vesting in full on the one-year anniversary of the grant date on March 18, 2022. These restricted stock units were included in the 35,821 restricted stock units reported on the Form 4 filed on March 22, 2021.
F4 On March 18, 2021, the reporting person was granted 12,887, restricted stock units, vesting in full on the one-year anniversary of the grant date on March 18, 2022. These restricted stock units were included in the 35,821 restricted stock units reported on the Form 4 filed on March 22, 2021.