Sec Form 4 Filing - Keppler John K. @ Enviva Inc. - 2022-12-02

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Keppler John K.
2. Issuer Name and Ticker or Trading Symbol
Enviva Inc. [ EVA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Former Chairman and CEO
(Last) (First) (Middle)
7272 WISCONSIN AVENUE,, SUITE 1800
3. Date of Earliest Transaction (MM/DD/YY)
12/02/2022
(Street)
BETHESDA, MD20814
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/02/2022 S( 1 ) 200,000( 2 ) D $ 55 773,572 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Keppler John K.
7272 WISCONSIN AVENUE,
SUITE 1800
BETHESDA, MD20814
Former Chairman and CEO
Signatures
/s/ Jason E. Paral, as attorney-in-fact for John K. Keppler 12/05/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person's sale of common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 4,943 shares, with the reporting person's purchase of 4,943 shares of the issuer's common stock at a price of $50.65 per share on October 12, 2022. The reporting person has agreed to pay to the issuer, upon settlement of the sale, $20,127.76, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
( 2 )In addition to a forthcoming planned contribution of shares of the issuer's common stock to a charitable remainder trust, in connection with his previously disclosed heart condition, the reporting person sold the securities reported herein principally for estate planning and charitable purposes, which include supporting several personal philanthropic initiatives. The securities sold as reported herein were acquired by a fund managed by Inclusive Capital Partners, L.P., a Delaware limited partnership ("In-Cap"). Jeffrey W. Ubben indirectly controls In-Cap.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).

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