4//SEC Filing
Manzone Albert 4
Accession 0001104659-22-038961
CIK 0001753706other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 7:19 PM ET
Size
11.5 KB
Accession
0001104659-22-038961
Insider Transaction Report
Form 4
Manzone Albert
Chief Executive Officer
Transactions
- Award
Restricted Stock Units
2022-03-24−105,296→ 185,493 total→ Common Stock (105,296 underlying) - Award
Performance-Based Restricted Stock Units
2022-03-24−105,295→ 160,945 total→ Common Stock (105,295 underlying) - Award
Restricted Stock Units
2022-03-24−42,118→ 227,611 total→ Common Stock (42,118 underlying)
Footnotes (4)
- [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 one-third (1/3) annually over the next three (3) years, commencing on the grant date of March 24, 2022, 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 2024 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.
- [F4]Subject to the reporting person's continuous employment through the vesting date, the restricted stock units shall vest in full on the third anniversary of the grant date, on March 24, 2025, 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.
Documents
Issuer
Whole Earth Brands, Inc.
CIK 0001753706
Entity typeother
Related Parties
1- filerCIK 0001816333
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 7:19 PM ET
- Size
- 11.5 KB