Tilman J. Fertitta - 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, 05:12 PM
Next filing
Jul 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAP Common Stock Options Exercise +200K +19.4% 1.23M Jun 15, 2021 Direct F1
holding ASAP Common Stock 4M Jun 15, 2021 See Footnote 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 ASAP Restricted Stock Units Options Exercise $0 -200K -100% $0.00* 0 Jun 15, 2021 Common Stock 200K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Tilman J. Fertitta is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 One share of common stock was issued upon the vesting of each restricted stock unit ("RSU").
F2 The securities are held directly by Fertitta Entertainment, Inc. The Reporting Person is the sole shareholder, Chairman and Chief Executive Officer of Fertitta Entertainment, Inc., and as such has voting and dispositive control over all of the securities held directly by Fertitta Entertainment, Inc.
F3 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).
F4 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.