William V. Thompson III - Aug 26, 2022 Form 4 Insider Report for Riverview Acquisition Corp. (RVAC)

Role: Chief Financial Officer
Signature: /s/ William V. Thompson III
Stock symbol: RVAC
Transactions as of: Aug 26, 2022
Transactions value $: $7,300,000
Form type: 4
Date filed: 8/30/2022, 08:27 PM
Previous filing: Aug 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RVAC	Common Stock	Other	$2M	+200K	+1000%	$10.00	220K	Aug 26, 2022	See Footnote	F1
transaction	RVAC	Common Stock	Other	$4M	+400K	+181.82%	$10.00	620K	Aug 26, 2022	See Footnote	F1
transaction	RVAC	Common Stock	Other	$1M	+100K	+16.13%	$10.00	720K	Aug 26, 2022	See Footnote	F1
transaction	RVAC	Common Stock	Other	$300K	+30K	+4.17%	$10.00	750K	Aug 26, 2022	See Footnote	F1
transaction	RVAC	Common Stock	Other		+200K	+26.67%		950K	Aug 26, 2022	See Footnote	F2
transaction	RVAC	Common Stock	Other		-950K	-100%		0	Aug 26, 2022	See Footnote	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William V. Thompson III is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	These shares of common stock were acquired pursuant to subscription agreements, dated as of April 4, 2022, by and between the issuer and NFC Special Acquisition, LLC, NFC Partners, LLC, NFC Wyoming, LLC, and Marsha Thompson Irrevocable Trust, respectively, over which Mr. Thompson may be deemed to exercise voting and investment control.
F2	These shares of common stock were acquired at a price of $0.004 per share, pursuant to a promote participation agreement, dated as of April 4, 2022, by and between the Issuer, Riverview Sponsor Partners, LLC, and NFC Special Acquisition, LLC, over which Mr. Thompson may be deemed to exercise voting and investment control. Pursuant to such agreement, NFC Special Acquisition, LLC received shares of the Issuer's common stock, which shares were automatically converted into shares of the Issuer's common stock at the time of the business combination.
F3	The reporting person resigned as a director and an officer of the issuer and disposed of all issuer equity securities effective as of the consummation of the business combination and ceased to be a reporting person with respect to the issuer.
F4	Pursuant to the Transaction Agreement, by and among Riverview, Westrock Coffee Holdings, LLC, a Delaware limited liability company ("Westrock"), Origin Merger Sub I, Inc., a Delaware corporation and a wholly-owned subsidiary of Westrock and Origin Merger Sub II, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Westrock, dated April 4, 2022, each issued and outstanding share of the Issuer's common stock automatically converted into the right to receive Westrock common stock on a one-to-one basis.