Mark D'Ambrosio - May 28, 2021 Form 4 Insider Report for Waitr Holdings Inc. (ASAP)

Signature
/s/ Annette L. Finch, Attorney-in-Fact
Stock symbol
ASAP
Transactions as of
May 28, 2021
Transactions value $
-$54,869
Form type
4
Date filed
6/1/2021, 04:39 PM
Next filing
Aug 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAP Common Stock Options Exercise +111K 111K May 28, 2021 Direct F1
transaction ASAP Common Stock Tax liability -$54.9K -27K -24.35% $2.03* 84K May 28, 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 -111K -33.33% $0.00 222K May 28, 2021 Common Stock 111K Direct F2, F3
* 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 One-third of such RSUs vest on each of the first three anniversaries of May 28, 2020, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date, provided that the RSUs shall fully vest in the event of a Change of Control (as defined in the Waitr Holdings Inc. 2018 Omnibus Incentive Plan).