Thomas C. Pritchard - Jul 1, 2021 Form 4 Insider Report for Waitr Holdings Inc. (ASAP)

Signature
/s/ Annette Finch, Attorney-in-Fact
Stock symbol
ASAP
Transactions as of
Jul 1, 2021
Transactions value $
-$58,532
Form type
4
Date filed
7/2/2021, 12:11 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 +133K 133K Jul 1, 2021 Direct F1
transaction ASAP Common Stock Tax liability -$58.5K -32.9K -24.66% $1.78* 100K Jul 1, 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 -133K -33.33% $0.00 267K Jul 1, 2021 Common Stock 133K Direct F2
* 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). One-third of the grant of 400,000 RSUs shall vest on each year over the course of three years, pursuant to the Restricted Stock Unit Award Agreement entered into by the Reporting Person as of July 1, 2020 (the "Grant Date"), beginning on the first anniversary of the Grant Date, 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 in Control (as defined in the Waitr Holdings Inc. Amended and Restated 2018 Omnibus Incentive Plan).