Pouyan Salehi - 05 Jun 2021 Form 4 Insider Report for Waitr Holdings Inc.

Role: Director
Signature: /s/ Annette L. Finch, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 05 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 16 Jun 2021, 17:13:55 UTC
Next filing: 06 Jun 2022
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		+13,186	+100%		26,371	05 Jun 2021	Direct	F1
transaction	ASAP	Common Stock	Options Exercise		+200,000	+758%		226,371	15 Jun 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	-13,186	-50%	$0.000000	13,186	05 Jun 2021	Common Stock	13,186		Direct	F2, F3
transaction	ASAP	Restricted Stock Units	Options Exercise	$0	-200,000	-100%	$0.000000^*	0	15 Jun 2021	Common Stock	200,000		Direct	F2, F4
transaction	ASAP	Restricted Stock Units	Award	$0	+120,192		$0.000000	120,192	15 Jun 2021	Common Stock	120,192		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	One-third of such RSUs shall vest each year over the course of three years, beginning on the first anniversary of the grant date (June 5, 2019), subject to the Reporting Person's continued service on the Issuer's board of directors through the applicable vesting date, provided that the RSUs shall fully vest in the event of a Change in Control (as defined in the Waitr Holdings Inc. 2018 Omnibus Incentive Plan).
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.
F5	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.