SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 08/26/2022 | 3. Issuer Name and Ticker or Trading Symbol Westrock Coffee Co [ WEST ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
COMMON STOCK | 96,735 | D | |
COMMON STOCK | 118,758(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (right to buy)(2) | 04/22/2021 | 04/22/2030 | Common Stock | 22,951 | 9.54 | D | |
Stock Option (right to buy)(2) | 04/22/2022 | 04/22/2030 | Common Stock | 22,951 | 9.54 | D | |
Stock Option (right to buy)(2) | 04/30/2022 | 04/30/2031 | Common Stock | 9,836 | 9.54 | D | |
Stock Option (right to buy)(2) | 07/30/2022 | 07/30/2031 | Common Stock | 6,557 | 9.54 | D | |
Stock Option (right to buy)(2)(3) | (3) | 04/22/2030 | Common Stock | 45,903 | 9.54 | D | |
Stock Option (right to buy)(2)(4) | (4) | 04/30/2031 | Common Stock | 29,509 | 9.54 | D | |
Stock Option (right to buy)(2)(5) | (5) | 07/30/2031 | Common Stock | 19,673 | 9.54 | D | |
Stock Option (right to buy)(2)(6) | (6) | 04/22/2030 | Common Stock | 91,805 | 9.54 | D | |
Stock Option (right to buy)(2)(6) | (6) | 04/30/2031 | Common Stock | 39,345 | 9.54 | D | |
Stock Option (right to buy)(2)(6) | (6) | 07/30/2031 | Common Stock | 26,230 | 9.54 | D |
Explanation of Responses: |
1. Consists of 118,759 shares of restricted common stock, par value $0.01 per share, of Issuer ("Common Stock"), which shares shall vest and become unrestricted on February 28, 2023, subject to certain forfeiture conditions. |
2. Each stock option is exercisable for one share of Common Stock. |
3. Consists of unvested options. 22,951 stock options will vest on 4/22/2023 and 22,952 stock options will vest on 4/22/2024, subject to certain forfeiture conditions. The options will be exercisable from their vesting date. |
4. Consists of unvested options. 9,836 stock options will vest on 4/30/2023, 9,836 options will vest on 4/30/2024 and 9,837 stock options will vest on 4/30/2025, subject to certain forfeiture conditions. The options will be exercisable from their vesting date. |
5. Consists of unvested options. 6,558 stock options will vest on 7/30/2023, 6,557 options will vest on 7/30/2024 and 6,558 stock options will vest on 7/30/2025, subject to certain forfeiture conditions. The options will be exercisable from their vesting date. |
6. Consists of unvested options. These options will vest if the simple average of the daily volume weighted average price per share of Common Stock for 10 trading days in any consecutive 30-day period equals $18.50 per share, and are subject to certain forfeiture conditions. |
Remarks: |
Exhibit 24 - Power of Attorney |
/s/ Thomas Christopher Pledger | 08/26/2022 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |