Whole Earth Brands, Inc. Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2022

A summary of activity and weighted average fair values related to the RSUs is as follows:


	Three Months Ended March 31, 2022
	Shares	Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2021	484,744	$	13.46
Granted	564,485	7.42
Vested	(206,368)	13.14
Forfeited	(4,075)	13.58
Outstanding and nonvested at March 31, 2022	838,786	$	9.45

A summary of activity and weighted average fair values related to the RSAs is as follows:


	Three Months Ended March 31, 2022
	Shares	Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2021	117,801	$	9.76
Granted	—	—


Outstanding and nonvested at March 31, 2022	117,801	$	9.76

A summary of activity and weighted average fair values related to the PSUs is as follows:


	Three Months Ended March 31, 2022
	Shares	Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2021	282,141	$	13.65
Granted	527,871	7.24

Forfeited	(1,818)	13.65
Outstanding and nonvested at March 31, 2022	808,194	$	9.46

As of March 31, 2022, the Company had not yet recognized compensation costs on nonvested awards as follows (in thousands):


	Unrecognized Compensation Cost		Weighted Avg. Remaining Recognition Period (in years)
Nonvested awards	$	15,331	2.07