4//SEC Filing
Rusie Andrew 4
Accession 0001104659-21-037952
CIK 0001753706other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 9:42 PM ET
Size
9.5 KB
Accession
0001104659-21-037952
Insider Transaction Report
Form 4
Rusie Andrew
Chief Financial Officer
Transactions
- Award
Performance-Based Restricted Stock Units
2021-03-15+25,568→ 25,568 total→ Common Stock (25,568 underlying) - Award
Restricted Stock Units
2021-03-15+25,568→ 25,568 total→ Common Stock (25,568 underlying)
Holdings
- 5,570
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one (1) share of Whole Earth Brands, Inc. common stock.
- [F2]Subject to the reporting person's continuous employment through the vesting date, the restricted stock units shall vest one-third (1/3) annually over the next three (3) years, commencing on the date of grant, 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.
- [F3]The vesting of these performance-based restricted stock units ("PSUs") is dependent upon the achievement by Whole Earth Brands, Inc. of certain financial performance criteria. Subject to continued employment through the applicable vesting date and to accelerated vesting in certain circumstances, the number of PSUs scheduled to vest on the third anniversary of the grant date following the 2023 annual performance period will vary between 0% and 200% of the number reported, depending on whether and the extent to which Whole Earth Brands, Inc. meets certain financial performance goals.
Documents
Issuer
Whole Earth Brands, Inc.
CIK 0001753706
Entity typeother
Related Parties
1- filerCIK 0001816123
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 9:42 PM ET
- Size
- 9.5 KB