Pouyan Salehi - Jun 5, 2022 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 5, 2022
Transactions value $
$0
Form type
4
Date filed
6/6/2022, 06:33 PM
Previous filing
Jun 16, 2021
Next filing
Jun 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASAP Common Stock Options Exercise $0 +13.2K +5.82% $0.00 240K Jun 5, 2022 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 (RSUs) - 060519 Options Exercise $0 -13.2K -100% $0.00* 0 Jun 5, 2022 Common Stock 13.2K Direct F1
holding ASAP Restricted Stock Units (RSUs) - 061521 120K Jun 5, 2022 Common Stock 120K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 39,557 RSUs shall vest each year over the course of three years, pursuant to the Restricted Stock Unit Award Agreement entered into by the Reporting Person as of June 5, 2019, beginning on the first anniversary of such date and continuing thereafter, 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. Amended and Restated 2018 Omnibus Incentive Plan).
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). Such RSUs shall fully vest on the earlier of (i) the one year anniversary of the grant date of June 15, 2021, (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.