AgroFresh Solutions (AGFS) 10% owner Paine Schwartz Partners returned to the company 183,190 shares at $3.00
Insider transactions reported
Paine Schwartz Partners, Llc (10% owner at AgroFresh Solutions Inc., AGFS) reported that they returned to the company 183,190 shares at $3.00 on Mar 31, 2023. After these transactions the filing shows 0 shares held indirectly (See footnote).
- Reporting person
- Paine Schwartz Partners, Llc
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Mar 31, 2023 | Sale back to the company (D) | Common Stock1, 2, 3 | -183,190 | $3.00 | $550K | 0 indirect |
Holdings before and after
- Common Stock: 183,190 to 0 indirect, See footnote
Footnotes from the filing
- 1. The Reported Securities were disposed in connection with the closing of the merger by and among AgroFresh Solutions, Inc. (the Issuer ), Project Cloud Holdings, LLC and Project Cloud Merger Sub, Inc. on March 31, 2023 (the Merger ) as disclosed on the Form 8-K filed by the Issuer with the SEC on March 31, 2023. In connection with the closing of the Merger, Paine Schwartz Partners, LLC, a Delaware limited liability company ( PSP ) ceased to beneficially own any Issuer securities.
- 2. Reflects shares granted under the Issuer's 2015 Incentive Compensation Plan to Kevin Schwartz and Alexander Corbacho in connection with their service as directors of the Issuer. Pursuant to an assignment agreement between Paine Schwartz Partners Fund V Management, LLC, a wholly owned subsidiary of PSP, and both Mr. Schwartz and Mr. Corbacho, effective as of July 27, 2020, each of Mr. Schwartz and Mr. Corbacho has assigned to PSP all of his right, title and interest in and to any compensation, including equity awards, he receives from the Issuer for his services as a director of the Issuer.
- 3. Mr. Schwartz serves as manager of the ultimate general partner of PSP, and disclaims beneficial ownership of any common stock held of record or beneficially owned by PSP and any of its parent companies or subsidiaries. Each Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the Exchange Act ), or for any other purpose, except to the extent of its respective pecuniary interest therein, if any.
Transaction codes in this filing
- Sale back to the company:
- Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
FAQ
What did Paine Schwartz Partners report in this AGFS Form 4?
Paine Schwartz Partners, Llc (10% owner at AgroFresh Solutions Inc., AGFS) reported that they returned to the company 183,190 shares at $3.00 on Mar 31, 2023. After these transactions the filing shows 0 shares held indirectly (See footnote).
How many AGFS shares does Paine Schwartz Partners hold after this filing?
The filing shows 0 shares held indirectly (See footnote) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code D mean on an SEC Form 4?
Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
Historical context for AGFS
Earlier insider filings at AGFS
- Apr 5, 2023SEC Form 4 filed by Psp Agfs Holdings, L.P.
- Apr 4, 2023SEC Form 4 filed by Lewis Clinton A. Jr.
- Apr 4, 2023SEC Form 4 filed by Miao Graham G
- Apr 4, 2023SEC Form 4 filed by Ermi Thomas
- Apr 4, 2023SEC Form 4 filed by Devine Denise L
- Market cap
- 30-day
- Listed since
- 2014
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