Fredric Harman - Dec 23, 2021 Form 4 Insider Report for ENJOY TECHNOLOGY, INC./DE (ENJY)

Role: Director
Signature: Fredric Harman, by /s/ Kim Merritt, Attorney-in-Fact
Stock symbol: ENJY
Transactions as of: Dec 23, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/27/2021, 04:15 PM
Previous filing: Oct 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ENJY	Common Stock	Award	$0	+34.7K		$0.00	34.7K	Dec 23, 2021	Direct	F1
holding	ENJY	Common Stock						5.26M	Dec 23, 2021	See Footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares are time-based restricted stock units ("RSUs"). One-third of the RSUs shall vest on each of the first three (3) anniversaries of the vesting start date of October 15, 2021. Notwithstanding the foregoing, the RSUs will have vesting accelerated in full upon a change in control (as defined by the Issuer's 2021 Equity Incentive Plan) which occurs prior to, or at the time of, termination of the reporting person's continuous service.
F2	Shares are held and owned directly by Oak Investment Partners XIII, Limited Partnership, a Delaware limited partnership ("Oak"). The reporting person is a managing partner of Oak, and disclaims beneficial ownership of the shares held by Oak except to the extent of his pecuniary interest in the shares.

Content

Shares are time-based restricted stock units ("RSUs"). One-third of the RSUs shall vest on each of the first three (3) anniversaries of the vesting start date of October 15, 2021. Notwithstanding the foregoing, the RSUs will have vesting accelerated in full upon a change in control (as defined by the Issuer's 2021 Equity Incentive Plan) which occurs prior to, or at the time of, termination of the reporting person's continuous service.

Shares are held and owned directly by Oak Investment Partners XIII, Limited Partnership, a Delaware limited partnership ("Oak"). The reporting person is a managing partner of Oak, and disclaims beneficial ownership of the shares held by Oak except to the extent of his pecuniary interest in the shares.