Rahul Vir - Jul 18, 2022 Form 4 Insider Report for Mondee Holdings, Inc. (MOND)

Role: Director
Signature: /s/ Rahul Vir
Stock symbol: MOND
Transactions as of: Jul 18, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/20/2022, 09:55 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MOND	Class A Common Stock, par value $0.0001 per share	Conversion of derivative security		+10K			10K	Jul 18, 2022	Direct	F1, F2

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
transaction	MOND	Class B Ordinary Shares, par value $0.001 per share	Conversion of derivative security		-10K	-100%		0	Jul 18, 2022	Class A Common Stock, par value $0.0001 per share	10K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	In connection with the completion of the initial business combination (the "Business Combination") of Mondee Holdings, Inc., a Delaware corporation, formerly known as ITHAX Acquisition Corp., a Cayman Islands exempted company (the "Issuer"), pursuant to that certain Business Combination Agreement, as amended, dated December 20, 2021, by and among ITHAX Acquisition Corp., Mondee Holdings II, LLC, and other parties thereto, the Class B ordinary shares, par value $0.001 per share, of the Issuer (as defined below) automatically converted into shares of Class A common stock, par value $0.0001 on a one-for-one basis for no additional consideration. As part of the Business Combination, ITHAX Acquisition Corp. changed its name to Mondee Holdings, Inc.
F2	As of July 18, 2022, the Reporting Person resigned as a director of the Issuer and is therefore no longer subject to reporting obligations under Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person did not have any transactions in the Issuer's securities during the time that he was a Section 16 reporting person other than those previously disclosed in the Initial Statement of Beneficial Ownership of Securities on Form 3, filed on January 27, 2021.

Content

In connection with the completion of the initial business combination (the "Business Combination") of Mondee Holdings, Inc., a Delaware corporation, formerly known as ITHAX Acquisition Corp., a Cayman Islands exempted company (the "Issuer"), pursuant to that certain Business Combination Agreement, as amended, dated December 20, 2021, by and among ITHAX Acquisition Corp., Mondee Holdings II, LLC, and other parties thereto, the Class B ordinary shares, par value $0.001 per share, of the Issuer (as defined below) automatically converted into shares of Class A common stock, par value $0.0001 on a one-for-one basis for no additional consideration. As part of the Business Combination, ITHAX Acquisition Corp. changed its name to Mondee Holdings, Inc.

As of July 18, 2022, the Reporting Person resigned as a director of the Issuer and is therefore no longer subject to reporting obligations under Section 16 of the Securities Exchange Act of 1934, as amended. The Reporting Person did not have any transactions in the Issuer's securities during the time that he was a Section 16 reporting person other than those previously disclosed in the Initial Statement of Beneficial Ownership of Securities on Form 3, filed on January 27, 2021.