4//SEC Filing
Miao Graham G 4
Accession 0001562180-23-000053
CIK 0001592016other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 8:45 PM ET
Size
13.8 KB
Accession
0001562180-23-000053
Insider Transaction Report
Form 4
Miao Graham G
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2022-12-29$2.96/sh−28,688$84,916→ 119,266 total - Tax Payment
Common Stock
2022-12-29$2.96/sh−36,847$109,067→ 424,067 total - Award
Common Stock
2022-12-29+276,833→ 296,833 total - Tax Payment
Common Stock
2022-12-30$2.96/sh−33,270$98,479→ 161,860 total
Holdings
- 39,736
Common Stock
- 45,186
Common Stock
Footnotes (7)
- [F1]On December 29, 2022, in order to mitigate or eliminate the amount of excise tax that might be payable by the Reporting Person in certain circumstances pursuant to Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, the Board of Directors of the Issuer approved accelerated vesting of the Reporting Person's equity awards that were otherwise scheduled to vest in March and April of 2023, including service-based restricted stock units ("RSUs") and performance-based stock units ("PSUs"), with PSUs accelerating vesting at a performance level equal to 128.1% of target and with all such RSU and PSU accelerations occurring on December 29, 2022.
- [F2]RSUs convert into common stock on a one-for-one basis upon vesting.
- [F3]The Reporting Person was granted 216,107 restricted shares in 2020, vesting in three equal annual installments beginning on April 14, 2021. The remaining unvested shares vested in full effective December 29, 2022, and 36,847 shares were forfeited effective December 29, 2022 in satisfaction of taxes payable upon vesting, resulting in 35,189 shares being acquired effective December 29, 2022.
- [F4]The Reporting Person was granted 168,258 restricted shares in 2021, originally vesting in three equal annual installments beginning on March 31, 2022. 28,688 shares were forfeited effective December 29, 2022 in satisfaction of taxes payable upon accelerated vesting of the installment originally scheduled to vest on March 31, 2023. Shares reported in this row are in addition to shares reported in rows 1 and 2, which are not subject to restrictions.
- [F5]The Reporting Person was granted 195,130 restricted shares in 2022, originally vesting in three equal annual installments beginning on April 1, 2023. 33,270 shares were forfeited effective December 29, 2022 in satisfaction of taxes payable upon accelerated vesting of the installment originally scheduled to vest on April 1, 2023. Shares reported in this row are in addition to shares reported in rows 1 and 2, which are not subject to restrictions.
- [F6]The Reporting Person was granted 64,450 restricted shares in 2019, vesting in three equal annual installments beginning on March 29, 2020. Certain of these shares were previously forfeited in satisfaction of taxes payable upon vesting. Shares reported in this row are in addition to shares reported in rows 1 and 2, which are not subject to restrictions.
- [F7]The Reporting Person was granted 59,435 restricted shares in 2018, vesting in three equal annual installments beginning on August 30, 2019. Certain of these shares were previously forfeited in satisfaction of taxes payable upon vesting. Shares reported in this row are in addition to shares reported in rows 1 and 2, which are not subject to restrictions.
Documents
Issuer
AgroFresh Solutions, Inc.
CIK 0001592016
Entity typeother
Related Parties
1- filerCIK 0001531047
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 8:45 PM ET
- Size
- 13.8 KB