HF Direct Investments Pool, LLC 4
4 · Westrock Coffee Co · Filed Jul 31, 2024
Insider Transaction Report
Form 4
HF Direct Investments Pool, LLC
10% Owner
Transactions
- Sale
COMMON STOCK
2024-07-29$10.05/sh−31,869$320,283→ 12,713,368 total - Sale
COMMON STOCK
2024-07-30$10.07/sh−1,648$16,595→ 12,711,720 total
Footnotes (2)
- [F1]On June 7, 2024, HF Direct Investments Pool, LLC ("HF Direct") adopted a Rule 10b5-1 stock trading plan (the "Plan") to sell a pre-arranged portion of common stock, par value $0.01 per share ("Common Stock") of Westrock Coffee Company ("Issuer") over an approximate one-year period. The Plan is part of HF Direct's strategy to rebalance its holdings in Issuer's securities in light of HF Direct's February 2024 investment in certain of Issuer's convertible notes. During the term of the Plan, HF Direct expects to sell up to 1,620,000 shares of Common Stock.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.13, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.