Steven L. Scheinthal - Jun 15, 2021 Form 4 Insider Report for Waitr Holdings Inc. (ASAP)

Role
Director
Signature
/s/ Annette Finch, Attorney-in-Fact
Stock symbol
ASAP
Transactions as of
Jun 15, 2021
Transactions value $
$0
Form type
4
Date filed
6/16/2021, 05:05 PM
Previous filing
Jun 14, 2021
Next filing
Sep 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAP Common Stock Options Exercise +200K +90.6% 421K Jun 15, 2021 Direct F1

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 -200K -100% $0.00* 0 Jun 15, 2021 Common Stock 200K Direct F2, F3
transaction ASAP Restricted Stock Units Award $0 +120K $0.00 120K Jun 15, 2021 Common Stock 120K Direct F2, F4
* 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 fully vest on the earlier of (i) the one year anniversary of the grant date, (ii) the date of the 2021 Annual Meeting of Stockholders of the Issuer and (iii) a Change in Control (as defined in the Waitr Holdings Inc. Amended and Restated 2018 Omnibus Incentive Plan), subject to, in each case, the Reporting Person's continued service on the Issuer's board of directors on the vesting date.
F4 Such RSUs fully vest on the earlier of (i) the one year anniversary of the grant date, (ii) the date of the 2022 Annual Meeting of Stockholders of the Issuer and (iii) a Change in Control (as defined in the Waitr Holdings Inc. Amended and Restated 2018 Omnibus Incentive Plan), subject to, in each case, the Reporting Person's continued service on the Issuer's board of directors on the vesting date.