Sec Form 3 Filing - Keppler John K. @ Enviva Inc. - 2023-04-01

Insider filing report for Changes in Beneficial Ownership
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FORM 3
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)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Chairman
(Last) (First) (Middle)
7272 WISCONSIN AVENUE, SUITE 1800
3. Date of Earliest Transaction (MM/DD/YY)
04/01/2023
(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 352,444 ( 1 ) 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
Series A Preferred Stock $ 37.71 ( 2 ) ( 2 ) Common Stock 13,259 ( 3 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Keppler John K.
7272 WISCONSIN AVENUE, SUITE 1800
BETHESDA, MD20814
X Executive Chairman
Signatures
/s/ Jason E. Paral, as attorney-in-fact for John K. Keppler 04/11/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The amount of securities beneficially owned in Table I does not include 374,598 shares of Common Stock of Enviva Inc. (the "Issuer") previously contributed by the Reporting Person to a charitable remainder trust (the "Trust") principally for estate planning and charitable purposes, which include supporting several personal philanthropic initiatives. The holdings of the Trust are not reportable by the Reporting Person for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The amount of securities beneficially owned in Table I also does not include 105,947 shares of Common Stock withheld for payment of taxes, which withholding event was not reportable by the Reporting Person for purposes of Section 16 of the Exchange Act, in respect to the vesting and settlement of 246,329 restricted stock units reported on the Reporting Person's Form 4 filed on November 16, 2022.
( 2 )The conversion of the Series A Preferred Stock (the "Preferred Shares") to shares of Common Stock of the Issuer is subject to and will occur automatically upon stockholder approval of a proposal to issue Common Stock upon conversion of the Preferred Shares for purposes of Rule 312.03 of the New York Stock Exchange Listed Company Manual.
( 3 )Each Preferred Share is convertible into one share of Common Stock of the Issuer, subject to adjustment for any stock dividends, splits, combinations, and similar events.

Remarks:
The Reporting Person is the Executive Chairman of Enviva Inc., the Issuer.

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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