Thomas Christopher Pledger - 15 Mar 2024 Form 4 Insider Report for Westrock Coffee Co (WEST)

Signature
/s/ BY: ROBERT P. MCKINNEY AS ATTORNEY-IN-FACT FOR THOMAS CHRISTOPHER PLEDGER
Issuer symbol
WEST
Transactions as of
15 Mar 2024
Net transactions value
-$175,066
Form type
4
Filing time
19 Mar 2024, 17:44:03 UTC
Previous filing
16 Nov 2023
Next filing
20 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEST COMMON STOCK Award $0 +126,518 +34% $0.000000 497,167 15 Mar 2024 Direct F1
transaction WEST COMMON STOCK Tax liability $175,066 -18,236 -3.7% $9.60 478,931 17 Mar 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") are granted pursuant to the Westrock Coffee Company 2022 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.01 per share. The RSUs will vest annually in four equal installments starting on March 15, 2025, subject to the reporting person's continued employment with the Issuer through the applicable vesting dates and certain early vesting conditions.
F2 These shares were withheld by the Issuer to satisfy the reporting person's tax obligations that arose on March 17, 2024, when RSUs belonging to the reporting person vested.