Newport Global Opportunities Fund I-A LP - Sep 30, 2021 Form 4 Insider Report for J. Alexander's Holdings, Inc. (JAX)

Role: 10%+ Owner
Signature: /s/ Timothy T. Janszen, as Chief Executive Officer of Newport Global Advisors LLC, the general partner of Newport Global Advisors LP, the Investment Manager to Newport Global Opportunities Fund I-A LP
Stock symbol: JAX
Transactions as of: Sep 30, 2021
Transactions value $: -$22,791,874
Form type: 4
Date filed: 10/1/2021, 07:51 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	JAX	Common Stock	Disposition pursuant to a tender of shares in a change of control transaction	-$22.8M	-1.63M	-100%	$14.00	0	Sep 30, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Newport Global Opportunities Fund I-A LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Disposed of in connection with the merger (the "Merger") contemplated by the agreement and plan of merger, dated as of July 2, 2021 (the "Merger Agreement"), by and among the Issuer, SPB Hospitality LLC, a Delaware limited liability company ("Parent") and Titan Merger Sub, Inc., a Tennessee corporation and an indirect, wholly-owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving company.
F2	Mr. Timothy T. Janszen is the Chief Executive Officer of Newport Global Advisors LLC, which in turn is the general partner of Newport Global Advisors LP, and, as a result, Mr. Janszen may be deemed to have sole voting and investment power over the shares beneficially owned by the Reporting Person. Mr. Janszen disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Content

Disposed of in connection with the merger (the "Merger") contemplated by the agreement and plan of merger, dated as of July 2, 2021 (the "Merger Agreement"), by and among the Issuer, SPB Hospitality LLC, a Delaware limited liability company ("Parent") and Titan Merger Sub, Inc., a Tennessee corporation and an indirect, wholly-owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving company.

Mr. Timothy T. Janszen is the Chief Executive Officer of Newport Global Advisors LLC, which in turn is the general partner of Newport Global Advisors LP, and, as a result, Mr. Janszen may be deemed to have sole voting and investment power over the shares beneficially owned by the Reporting Person. Mr. Janszen disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.