0001104659-23-059168.txt : 20230511
0001104659-23-059168.hdr.sgml : 20230511
20230511163100
ACCESSION NUMBER: 0001104659-23-059168
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230509
FILED AS OF DATE: 20230511
DATE AS OF CHANGE: 20230511
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Litman Brian
CENTRAL INDEX KEY: 0001626621
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38880
FILM NUMBER: 23911562
MAIL ADDRESS:
STREET 1: 125 S. WACKER DRIVE, SUITE 3150
CITY: CHICAGO
STATE: IL
ZIP: 60606
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Whole Earth Brands, Inc.
CENTRAL INDEX KEY: 0001753706
STANDARD INDUSTRIAL CLASSIFICATION: SUGAR & CONFECTIONERY PRODUCTS [2060]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 125 S. WACKER DRIVE
STREET 2: SUITE 1250
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 312.8403005
MAIL ADDRESS:
STREET 1: 125 S. WACKER DRIVE
STREET 2: SUITE 1250
CITY: CHICAGO
STATE: IL
ZIP: 60606
FORMER COMPANY:
FORMER CONFORMED NAME: Act II Global Acquisition Corp.
DATE OF NAME CHANGE: 20190321
FORMER COMPANY:
FORMER CONFORMED NAME: ELLENOFF GROSSMAN & SCHOLE
DATE OF NAME CHANGE: 20190321
FORMER COMPANY:
FORMER CONFORMED NAME: Act II Global Acquisition Corp.
DATE OF NAME CHANGE: 20180920
4
1
tm2315514-1_4seq1.xml
OWNERSHIP DOCUMENT
X0407
4
2023-05-09
0
0001753706
Whole Earth Brands, Inc.
FREE
0001626621
Litman Brian
C/O WHOLE EARTH BRANDS, INC.
125 S. WACKER DRIVE, SUITE 1250
CHICAGO
IL
60606
0
1
0
0
Chief Accounting Officer
0
Restricted Stock Units
2023-05-09
4
A
0
68549
0.00
A
Common Stock
68549
180951
D
Performance-Based Restricted Stock Units
2023-05-09
4
A
0
68548
0.00
A
Common Stock
68548
92998
D
Restricted stock units convert into shares of Whole Earth Brands, Inc.'s common stock on a one-for-one basis.
Subject to the reporting person's continuous employment through the vesting date, the restricted stock units shall vest one-third (1/3) annually over the next three (3) years, commencing on the anniversary of the grant date (May 9, 2023), except in the case of the reporting person's earlier involuntary termination. In the event of a voluntary termination by the reporting person prior to the vesting date, all restricted stock units will be forfeited.
The vesting of these performance-based restricted stock units ("PSUs") is dependent upon the achievement by Whole Earth Brands, Inc. of certain financial performance criteria. Subject to continued employment through the applicable vesting date and to accelerated vesting in certain circumstances, the number of PSUs scheduled to vest on the third anniversary of the grant date following the 2025 annual performance period will vary between 0% and 200% of the number reported, depending on whether and the extent to which Whole Earth Brands, Inc. meets the identified financial performance criteria.
/s/ Brian Litman, by Ira W. Schlussel, as Attorney-in-Fact
2023-05-11