Jason E. Paral Form 3 Enviva / Jason E. Paral ownership change

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^*

Paral Jason E.

(Last) (First) (Middle)

7272 WISCONSIN AVENUE, SUITE 1800

(Street)

BETHESDA MD 20814

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/17/2023

3. Issuer Name and Ticker or Trading Symbol
Enviva Inc. [ EVA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, Gen. Counsel & Secretary

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
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)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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
Restricted Stock Units	01/29/2023	(1)	Common Stock	2,567(1)	0	D
Restricted Stock Units	01/29/2024	(2)	Common Stock	2,567(2)	0	D
Restricted Stock Units	01/27/2025	(3)	Common Stock	2,689(3)	0	D
Restricted Stock Units	10/18/2025	(4)	Common Stock	7,613(4)	0	D
Restricted Stock Units	02/01/2026	(5)	Common Stock	2,345(5)	0	D

Explanation of Responses:

1. Each restricted stock unit is the economic equivalent of one share of common stock and includes a tandem grant of a dividend equivalent right entitling the holder to receive an amount in cash equal to the value of any cash dividends paid to the holders of the Issuer's common stock during the period in which the restricted stock unit is outstanding. Each restricted unit was granted on January 29, 2020 and will vest on the third anniversary of the date of grant as long as the Reporting Person remains continuously employed through such date, and may be settled in either cash or shares of common stock.

2. Each restricted stock unit is the economic equivalent of one share of common stock and includes a tandem grant of a dividend equivalent right entitling the holder to receive an amount in cash equal to the value of any cash dividends paid to the holders of the Issuer's common stock during the period in which the restricted stock unit is outstanding. Each restricted unit was granted on January 29, 2020 and will vest on the fourth anniversary of the date of grant as long as the Reporting Person remains continuously employed through such date, and may be settled in either cash or shares of common stock.

3. Each restricted stock unit is the economic equivalent of one share of common stock and includes a tandem grant of a dividend equivalent right entitling the holder to receive an amount in cash equal to the value of any cash dividends paid to the holders of the Issuer's common stock during the period in which the restricted stock unit is outstanding. Each restricted unit was granted on January 27, 2021 and will vest on the fourth anniversary of the date of grant as long as the Reporting Person remains continuously employed through such date, and may be settled in either cash or shares of common stock.

4. Each restricted stock unit is the economic equivalent of one share of common stock and includes a tandem grant of a dividend equivalent right entitling the holder to receive an amount in cash equal to the value of any cash dividends paid to the holders of the Issuer's common stock during the period in which the restricted stock unit is outstanding. Each restricted unit was granted on October 18, 2021 and will vest on the fourth anniversary of the date of grant as long as the Reporting Person remains continuously employed through such date, and may be settled in either cash or shares of common stock.

5. Each restricted stock unit is the economic equivalent of one share of common stock and includes a tandem grant of a dividend equivalent right entitling the holder to receive an amount in cash equal to the value of any cash dividends paid to the holders of the Issuer's common stock during the period in which the restricted stock unit is outstanding. Each restricted unit was granted on February 1, 2022 and will vest on the fourth anniversary of the date of grant as long as the Reporting Person remains continuously employed through such date, and may be settled in either cash or shares of common stock.

Remarks:

The Reporting Person is the Senior Vice President, General Counsel, and Secretary of Enviva Inc., the Issuer.

	/s/ Jason E. Paral	01/27/2023
	** 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.