AgroFresh Solutions (AGFS) 10% owner Psp Agfs Holdings returned to the company 145,046 units at $1,771.68

Insider transactions reported

Psp Agfs Holdings, L.p. (10% owner at AgroFresh Solutions Inc., AGFS) reported that they returned to the company 145,046 units at $1,771.68 on Apr 3, 2023.

Reporting person

Psp Agfs Holdings, L.p.

Options and other derivatives

Footnotes from the filing

1. 1. The Issuer's Series B Convertible Preferred Stock, par value $0.0001 per share (the Series B Preferred Stock ) are convertible at the option of a holder at any time into shares of common stock at an initial conversion price of $5.00 per share. The Series B Preferred Stock has no expiration date.
2. 2. The Reported Securities were disposed of 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, the Reporting Persons ceased to beneficially own any Issuer securities.
3. 3. Represents the number of shares of common stock issuable based upon the conversion of 145,046 shares of Series B Preferred Stock.
4. 4. The reported securities are directly held by PSP AGFS Holdings, L.P. (the Investor ). The Paine Schwartz Food Chain Fund V GP, L.P. (the GP ) is the sole general partner of the Investor and the Paine Schwartz Food Chain Fund V GP, Ltd. (the UGP ) is the sole general partner of the GP and Mr. W Dexter Paine and Mr. Kevin M. Schwartz serve as directors of UGP. As a result, each of GP, UGP, Mr. Paine and Mr. Schwartz may be deemed to beneficially own and have shared voting and dispositive power over the reported securities.
5. 5. 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. This report shall not be deemed an admission that any of GP, UGP, Mr. Paine or Mr. Schwartz is a beneficial owner of the securities held by the Investor, in each case for the purpose of Section 16 of the Exchange Act, or for any other purpose, except to the extent of their 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.

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