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

STOCK-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2023

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


	Six Months Ended June 30, 2023
	Shares	Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2022	1,538,759	$	6.65
Granted	2,685,944	2.38
Vested	(694,892)	6.84
Forfeited	(336,977)	3.87
Outstanding and nonvested at June 30, 2023	3,192,834	$	3.34

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


	Six Months Ended June 30, 2023
	Shares	Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2022	131,470	$	8.75

Vested	(14,862)	8.75

Outstanding and nonvested at June 30, 2023	116,608	$	8.75

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


	Six Months Ended June 30, 2023
	Shares	Weighted Average Grant Date Fair Value (per share)
Outstanding at December 31, 2022	631,377	$	8.49
Granted	1,926,595	2.19

Forfeited	(199,468)	4.53
Outstanding and nonvested at June 30, 2023	2,358,504	$	3.68

As of June 30, 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	$	10,656	1.42