William Gray Stream - Jun 15, 2021 Form 4 Insider Report for Waitr Holdings Inc. (ASAP)

Role: Director
Signature: /s/ Annette L. Finch, Attorney-in-Fact
Stock symbol: ASAP
Transactions as of: Jun 15, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/16/2021, 05:07 PM
Next filing: Jun 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASAP	Common Stock	Options Exercise		+200K	+194.24%		303K	Jun 15, 2021	Direct	F1
holding	ASAP	Common Stock						1.47M	Jun 15, 2021	See Footnotes	F2, F3, F4, F5, F6, F7, F8, F9, F10, F11, F12, F13

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	F14, F15
transaction	ASAP	Restricted Stock Units	Award	$0	+120K		$0.00	120K	Jun 15, 2021	Common Stock	120K		Direct	F14, F16

* 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	William Gray Stream has voting and dispositive control over 100,000 shares held directly by Stream Family LP and over the shares owned by the entities named in footnotes (3) through (13). Accordingly, Mr. Stream may be deemed to have or share beneficial ownership of such shares. Mr. Stream disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3	Mr. Stream has voting and dispositive control over 12,500 shares held directly by Matilda Gray Stream Trust FBO Sanders Griffin Hempel U/T/A DTD 05/31/2016.
F4	Mr. Stream has voting and dispositive control over 12,900 shares held directly by Matilda Gray Stream Trust FBO M Stream & Children U/A DTD 01/02/2012.
F5	Mr. Stream has voting and dispositive control over 16,000 shares held directly by Matilda Gray Stream Trust FBO Harold King Stream U/A DTD 11/25/2015.
F6	Mr. Stream has voting and dispositive control over 23,000 shares held directly by Matilda Gray Stream Trust FBO Fielder W Hempel U/A 12/06/2012.
F7	Mr. Stream has voting and dispositive control over 23,000 shares held directly by Matilda Gray Stream Trust FBO Geddings A Hempel UTA DTD 12/22/11.
F8	Mr. Stream has voting and dispositive control over 23,000 shares held directly by Matilda Gray Stream Trust FBO Lillian Stream U/A DTD 05/23/2012.
F9	Mr. Stream has voting and dispositive control over 31,000 shares held directly by Matilda Gray Stream Trust FBO Matilda Stream U/A DTD 07/26/2010.
F10	Mr. Stream has voting and dispositive control over 509,324 shares held directly by Stream Investment Holdings, LLC.
F11	Mr. Stream has voting and dispositive control over 617,049 shares held directly by Mithras, LLC.
F12	Mr. Stream has voting and dispositive control over 9,169 shares held directly by Steam Financial Services, LLC.
F13	Mr. Stream has voting and dispositive control over 97,794 shares held directly by Sierra Pelican, LLC.
F14	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).
F15	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.
F16	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.