Carl J. Grassi - 30 Sep 2021 Form 4 Insider Report for J. Alexander's Holdings, Inc.

Role
Director
Signature
/s/ Matthew I. O'Brien, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
30 Sep 2021
Net transactions value
-$287,000
Form type
4
Filing time
01 Oct 2021, 17:25:49 UTC
Next filing
24 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JAX Common Stock Disposed to Issuer $147,000 -10,500 -100% $14.00 0 30 Sep 2021 Direct F1
transaction JAX Common Stock Disposed to Issuer $140,000 -10,000 -100% $14.00 0 30 Sep 2021 See footnote. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated as of July 2, 2021 (the "Merger Agreement"), by and among SPB Hospitality, LLC ("Parent"), Titan Merger Sub, Inc., an indirect, wholly-owned subsidiary of Parent ("Merger Sub"), and J. Alexander's Holdings, Inc. (the "Company"), each share of common stock, par value $0.001 per share, of the Company ("Company Common Stock") was converted into the right to receive a cash payment (without interest and subject to any applicable taxes) equal to the per share merger consideration of $14.
F2 The shares were held in the Second Restatement of Declaration of Trust of Carl J. Grassi, dated 03/03/2014, Carl J. Grassi Grantor and Trustee.