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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN 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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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Class B Ordinary Shares | (1) | 06/24/2020 | C | 7,500,000 | (5) | (5) | Class A Ordinary Shares | 7,500,000 | (1) | 7,500,000 | I | See Footnote (2) | |||
| Warrants | (6) | 06/25/2020 | J | 6,750,000 | (6) | (6) | Class A Ordinary Shares | 0 | (6) | 0 | I | See Footnote (2) | |||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Carroll John C/O WHOLE EARTH BRANDS, INC. 125 S. WACKER DRIVE, SUITE 3150 CHICAGO, IL 60606 |
X | Former CEO and Director | ||
| Act II Global LLC C/O WHOLE EARTH BRANDS, INC. 125 S. WACKER DRIVE, SUITE 3150 CHICAGO, IL 60606 |
X | |||
| /s/ John Carroll | 06/26/2020 | |
| **Signature of Reporting Person | Date | |
| /s/ John Carroll as Managing Member of Act II Global LLC | 06/26/2020 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(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). |
| (1) | Prior to the consummation of the issuer's initial business combination on June 25, 2020 (the "Business Combination"), the issuer changed its corporate structure and domicile by way of continuation from an exempted company incorporated under the laws of the Cayman Islands to a corporation incorporated under the laws of the State of Delaware (the "Domestication"). Pursuant to the Domestication, each outstanding Class B ordinary share of the issuer (the "Founder Shares") was converted into one share of the issuer's common stock (the "common stock"). The reporting persons held 7,500,000 Founder Shares prior to the Business Combination, which were converted into 7,500,000 shares of common stock upon the Domestication. |
| (2) | These securities are held by Act II Global LLC (the "Sponsor"). John Carroll is the managing member of the Sponsor. Mr. Carroll has sole voting and dispositive control over the shares held by the Sponsor and may be deemed the beneficial owner of such shares. Mr. Carroll disclaims beneficial ownership of the ordinary shares held by the Sponsor other than to the extent of his pecuniary interest in such shares. |
| (3) | In connection with the consummation of the Business Combination, 3,000,000 of the Founder Shares were forfeited by the reporting persons to the issuer for no consideration. |
| (4) | Includes 3,000,000 shares of common stock held in an escrow account, subject to vesting and forfeiture based on certain stock price thresholds for the common stock. |
| (5) | The Founder Shares were initially convertible into Class A ordinary shares of the issuer at the time of the issuer's initial business combination as described under the heading "Description of Securities-Founder shares" in the issuer's registration statement on Form S-1 (File No. 333-230756) and had no expiration date. |
| (6) | In connection with the consummation of the Business Combination, all of the Sponsor's private placement warrants were forfeited by the reporting persons to the issuer for no consideration. |