Julie Mb Bradley - 01 Oct 2021 Form 3 Insider Report for First Watch Restaurant Group, Inc. (FWRG)

Role
Director
Signature
By: /s/ Jay Wolszczak, as attorney-in-fact
Issuer symbol
FWRG
Transactions as of
01 Oct 2021
Net transactions value
$0
Form type
3
Filing time
01 Oct 2021, 19:22:12 UTC
Previous filing
14 Jun 2021
Next filing
19 Oct 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding FWRG Stock Option (right to buy) 01 Oct 2021 Common stock 61,655 $13.52 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents stock options awarded on January 29, 2020, pursuant to the Issuer's 2017 Omnibus Equity Incentive Plan. Unvested stock options vest in installments as follows: (a) 7,398 options on each of January 29, 2022 and January 29, 2023, and 7,399 options on each of January 29, 2024 and January 29, 2025; and (b) 8,220 options on the first anniversary of the closing of the Issuer's initial public offering (the "IPO"), and 8,221 options on each of the second anniversary of the closing of the IPO and on the 273rd day following the second anniversary of the closing of the IPO, subject to earlier forfeiture or acceleration.

Remarks:

Exhibit 24 - Power of Attorney, incorporated herein by reference