Trisha Fox - Mar 24, 2023 Form 4 Insider Report for Whole Earth Brands, Inc. (FREE)

Role
Chief Human Resources Officer
Signature
/s/ Trisha Fox, by Ira W. Schlussel, as Attorney-in-Fact
Stock symbol
FREE
Transactions as of
Mar 24, 2023
Transactions value $
-$4,937
Form type
4
Date filed
3/28/2023, 04:11 PM
Previous filing
Mar 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FREE Common Stock Options Exercise +7.83K +2532.69% 8.14K Mar 24, 2023 Direct F1, F2
transaction FREE Common Stock Tax liability -$4.94K -2.09K -25.72% $2.36 6.04K Mar 24, 2023 Direct

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 -7.83K -8.63% $0.00 82.9K Mar 24, 2023 Common Stock 7.83K Direct F1, F3
* 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 As of the date of the Reporting Person's Form 4 dated March 21, 2023, the Reporting Person reported ownership of 2,422 shares. Of the shares that vested on 3/24/23, 2.113 shares were transferred for no consideration to a former spouse pursuant to a domestic relations order. For purposes of Section 16, following the transfer, the securities owned by the former spouse are no longer beneficially owned by the Reporting Person.
F3 On March 24, 2022, the Reporting Person was granted 23,483 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the date of grant.