4//SEC Filing
HF Direct Investments Pool, LLC 4
Accession 0001873304-25-000002
CIK 0001806347other
Filed
Nov 5, 7:00 PM ET
Accepted
Nov 6, 5:19 PM ET
Size
8.3 KB
Accession
0001873304-25-000002
Insider Transaction Report
Form 4
HF Direct Investments Pool, LLC
10% Owner
Transactions
- Purchase
5% Convertible Senior Notes due 2031
2025-11-04$10000000.00/shFrom: 2026-05-04Exp: 2031-02-15→ Common Stock
Holdings
- 12,749,755
COMMON STOCK
Footnotes (3)
- [F1]Includes 41,666 shares received by the reporting person on June 6, 2025 from a pro rata distribution of shares of the issuer's common stock held by a limited liability company of which the reporting person is a member.
- [F2]Holders of the issuer's 5% convertible senior notes due 2031 (the "convertible notes") may voluntarily convert their convertible notes in denominations of $1,000 (i) during the period commencing on May 4, 2026, and prior to the close of business on the trading day immediately preceding August 15, 2030, if the closing price of the issuer's common stock for at least 20 trading days (whether or not consecutive) during the period of any 30 consecutive trading days in the immediately preceding calendar quarter is equal to or greater than 130% of the conversion price; (ii) during the period commencing on August 15, 2030, and prior to the close of business on the second scheduled trading day immediately preceding February 15, 2031, at any time; and (iii) during the 35 trading days following the effective date of certain fundamental change transactions that occur prior to the close of business on the trading day immediately preceding August 15, 2030.
- [F3]Conversions of the convertible notes will be settled, at the issuer's election, in cash, shares of the issuer's common stock or a combination thereof. The initial conversion price of the convertible notes is $5.25, which corresponds to an initial conversion rate of 190.48 shares of issuer common stock per $1,000 principal amount of convertible notes. The conversion price and conversion rate are subject to customary adjustments and the issuer may not issue more than 19.99% of the issued and outstanding common stock immediately prior to the issuance of the convertible notes in respect of the conversion of the convertible notes.
Documents
Issuer
Westrock Coffee Co
CIK 0001806347
Entity typeother
IncorporatedTN
Related Parties
1- filerCIK 0001873304
Filing Metadata
- Form type
- 4
- Filed
- Nov 5, 7:00 PM ET
- Accepted
- Nov 6, 5:19 PM ET
- Size
- 8.3 KB