Leo Bogdanov - 22 May 2021 Form 4 Insider Report for Waitr Holdings Inc.

Role: Chief Financial Officer, CAO
Signature: /s/ Annette L. Finch, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 22 May 2021
Net transactions value: -$28,515
Form type: 4
Filing time: 24 May 2021, 19:48:45 UTC
Next filing: 30 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASAP	Common Stock	Options Exercise		+40,598	+77%		93,333	22 May 2021	Direct	F1
transaction	ASAP	Common Stock	Tax liability	$28,515	-14,047	-15%	$2.03^*	79,286	22 May 2021	Direct

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	ASAP	Restricted Stock Units	Options Exercise	$0	-40,598	-33%	$0.000000	81,196	22 May 2021	Common Stock	40,598		Direct	F2, F3
holding	ASAP	Restricted Stock Units						85,471	22 May 2021	Common Stock	85,471		Direct	F2, F4
holding	ASAP	Restricted Stock Units						85,000	22 May 2021	Common Stock	85,000		Direct	F2, F5

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

Explanation of Responses:

Id	Content
F1	One share of common stock was issued upon the vesting of each restricted stock unit ("RSU").
F2	Each RSU represents a contingent right to receive one share of the Issuer's common stock or an equivalent amount in cash (or partly in cash and partly in shares).
F3	Such RSUs vest as follows: 40,598 vest on May 22, 2022 and 40,598 vest on May 22, 2023, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date, with immediate acceleration upon a change in control (as defined in the Issuer's 2018 Omnibus Incentive Plan).
F4	Such RSUs vest as follows: 42,735 vest on August 29, 2021 and 42,736 vest on August 29, 2022, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date, with immediate acceleration upon a change in control (as defined in the Issuer's 2018 Omnibus Incentive Plan).
F5	One-third (1/3) of such RSUs vest on each of the first three anniversaries of April 23, 2021, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date, with immediate acceleration upon a change in control (as defined in the Issuer's 2018 Omnibus Incentive Plan).