4//SEC Filing
LEUSCHEN DAVID M 4
Accession 0001104659-23-028580
CIK 0001592057other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 7:22 PM ET
Size
15.6 KB
Accession
0001104659-23-028580
Insider Transaction Report
Form 4
Enviva Inc.EVA
Riverstone/Gower Mgmt Co Holdings, L.P.
Director10% Owner
Transactions
- Purchase
Series A Preferred Stock
2023-03-01$37.71/sh+3,977,723$149,999,934→ 3,977,723 total(indirect: See Footnotes)→ Common Stock (3,977,723 underlying)
LAPEYRE PIERRE F JR
Director10% Owner
Transactions
- Purchase
Series A Preferred Stock
2023-03-01$37.71/sh+3,977,723$149,999,934→ 3,977,723 total(indirect: See Footnotes)→ Common Stock (3,977,723 underlying)
RIVERSTONE HOLDINGS LLC
Director10% Owner
Transactions
- Purchase
Series A Preferred Stock
2023-03-01$37.71/sh+3,977,723$149,999,934→ 3,977,723 total(indirect: See Footnotes)→ Common Stock (3,977,723 underlying)
Riverstone Management Group, L.L.C.
Director10% Owner
Transactions
- Purchase
Series A Preferred Stock
2023-03-01$37.71/sh+3,977,723$149,999,934→ 3,977,723 total(indirect: See Footnotes)→ Common Stock (3,977,723 underlying)
LEUSCHEN DAVID M
Director10% Owner
Transactions
- Purchase
Series A Preferred Stock
2023-03-01$37.71/sh+3,977,723$149,999,934→ 3,977,723 total(indirect: See Footnotes)→ Common Stock (3,977,723 underlying)
Footnotes (5)
- [F1]Each share of Series A Preferred Stock ("Preferred Share") is convertible into one share of Common Stock of Enviva Inc. (the "Issuer"), subject to adjustment for any stock dividends, splits, combinations and similar events.
- [F2]Includes 3,977,723 Preferred Shares purchased pursuant to three separate subscription agreements, dated February 28, 2023, by and between the Issuer and Riverstone Echo Continuation Holdings, L.P. ("Echo Continuation Holdings"), Riverstone Echo Rollover Holdings, L.P. ("Echo Rollover Holdings"), and Riverstone Echo PF Holdings, L.P. ("PF Holdings"), respectively, of which 1,969,002 Preferred Shares were purchased by Echo Continuation Holdings, 267,869 Preferred Shares were purchased by Echo Rollover Holdings, and 1,740,852 Preferred Shares were purchased by PF Holdings.
- [F3]The conversion of the Preferred Shares to shares of Common Stock of the Issuer is subject to and will occur automatically upon stockholder approval of a proposal to issue Common Stock upon conversion of the Preferred Shares for purposes of Rule 312.03 of the New York Stock Exchange Listed Company Manual.
- [F4]David M. Leuschen and Pierre F. Lapeyre, Jr. are the managing directors of Riverstone Management Group, L.L.C. ("Riverstone Management"), and have or share voting and investment discretion with respect to the securities beneficially owned by Riverstone Management, which is the general partner of Riverstone/Gower Mgmt Co Holdings, L.P., which is the sole member of Riverstone Holdings LLC, which is the sole member of Riverstone Echo GP, LLC, which is the general partner of Riverstone Echo Partners, L.P., which is the sole member of each of Riverstone ECF GP, LLC ("ECF GP") and Riverstone Echo Rollover GP, LLC ("Echo Rollover GP").
- [F5]ECF GP is the general partner of each of Echo Continuation Holdings and PF Holdings. Echo Rollover GP is the general partner of Echo Rollover Holdings. As a result of these relationships, each of these entities and individuals may be deemed to have or share beneficial ownership of the securities held of record by Echo Continuation Holdings, Echo Rollover Holdings, and PF Holdings. Each such entity or person disclaims beneficial ownership of such securities except to the extent of their respective pecuniary interest therein.
Documents
Issuer
Enviva Inc.
CIK 0001592057
Entity typeother
Related Parties
1- filerCIK 0001222726
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 7:22 PM ET
- Size
- 15.6 KB