4//SEC Filing
Lewis Clinton A. Jr. 4
Accession 0001562180-23-000054
CIK 0001592016other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 8:46 PM ET
Size
15.4 KB
Accession
0001562180-23-000054
Insider Transaction Report
Form 4
Lewis Clinton A. Jr.
DirectorCEO
Transactions
- Tax Payment
Common Stock
2022-12-29$2.96/sh−60,092$177,872→ 249,770 total - Exercise/Conversion
Common Stock
2022-12-29$2.07/sh+181,751$376,225→ 235,201 total - Tax Payment
Common Stock
2022-12-29$2.96/sh−69,761$206,493→ 338,969 total - Tax Payment
Common Stock
2022-12-29$2.96/sh−61,776$182,857→ 256,759 total - Tax Payment
Common Stock
2022-12-29$2.95/sh−151,652$447,373→ 83,549 total - Exercise/Conversion
Employee Stock Option (right to buy)
2022-12-29−181,751→ 363,503 totalExercise: $2.07Exp: 2031-05-10→ Common Stock (181,751 underlying)
Footnotes (5)
- [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 April and May of 2023, including service-based restricted stock units ("RSUs") with all such RSU accelerations occurring on December 29, 2022.
- [F2]The Reporting Person was granted 408,730 restricted shares in 2022, originally vesting in three equal annual installments beginning on April 1, 2023. 69,761 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.
- [F3]The Reporting Person was granted 352,444 restricted shares in 2021, originally vesting in three equal annual installments beginning on March 31, 2022. 60,092 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, and 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 row 5, which are not subject to restrictions.
- [F4]The Reporting Person was granted 362,319 restricted shares in 2021, originally vesting in three equal annual installments beginning on May 10, 2022. 61,776 shares were forfeited effective December 29, 2022 in satisfaction of taxes payable upon accelerated vesting of the installment originally scheduled to vest on May 10, 2023, and 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 row 5, which are not subject to restrictions.
- [F5]This stock option vests in three equal installments beginning on May 10, 2022.
Documents
Issuer
AgroFresh Solutions, Inc.
CIK 0001592016
Entity typeother
Related Parties
1- filerCIK 0001567831
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 8:46 PM ET
- Size
- 15.4 KB