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

STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2023

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


	Three Months Ended March 31, 2023
	Shares	Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2022	1,538,759	$	6.65
Granted	5,319	3.76
Vested	(376,821)	7.58
Forfeited	(4,569)	7.30
Outstanding and nonvested at March 31, 2023	1,162,688	$	6.32

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


	Three Months Ended March 31, 2023
	Shares	Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2022	131,470	$	8.75
Granted	—	—


Outstanding and nonvested at March 31, 2023	131,470	$	8.75

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


	Three Months Ended March 31, 2023
	Shares	Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2022	631,377	$	8.49


Forfeited	(2,072)	7.24
Outstanding and nonvested at March 31, 2023	629,305	$	8.49

As of March 31, 2023, 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	$	4,688	0.99