Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ASAP | Common Stock | Sale | -$42.9K | -358K | -2.52% | $0.12 | 13.9M | Nov 15, 2022 | See Footnote | F1 |
transaction | ASAP | Common Stock | Sale | -$1.33K | -11.1K | -0.08% | $0.12 | 13.8M | Nov 16, 2022 | See Footnote | F1 |
transaction | ASAP | Common Stock | Sale | -$9.77K | -85.5K | -0.62% | $0.11 | 13.8M | Nov 17, 2022 | See Footnote | F1 |
transaction | ASAP | Common Stock | Gift | $0 | -19.8K | -100% | $0.00* | 0 | Oct 17, 2022 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | ASAP | Convertible Promissory Notes | 2.8M | Oct 17, 2022 | Common Stock | 2.8M | $7.95 | See Footnote | F3, F4 |
Id | Content |
---|---|
F1 | Mr. Green is a managing member and controlling person of Lugard Road Capital GP, LLC, the general partner of Lugard Road Capital Master Fund, LP ("Lugard Road Master"), which is an investment fund affiliated with Luxor Capital Group, LP ("Luxor Capital"). Mr. Green disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |
F2 | This transaction represents a charitable donation. This is not a market transaction, thus no price has been reported. No value was received for the donated shares. |
F3 | On November 15, 2018, $60,000,000 in aggregate principal amount of convertible promissory notes (the "Notes") were issued to Luxor Capital, $31,574,000 of which was issued to Lugard Road Master. The Notes currently bear interest at a rate of 4.5% per annum, paid quarterly (up to 33.3% as payment-in-kind if elected by Waitr Holdings Inc.), and will mature on May 15, 2024. As of November 16, 2022, the outstanding aggregate principal amount of the Notes totaled $42,338,530, of which $22,279,945 was issued to Lugard Road Master. Upon maturity, the Notes (and any accrued but unpaid interest) will be repaid in cash or converted into shares of common stock, at the holder's election. At any time, at the holder's election, each Note may be converted in whole or in part into shares of common stock at a rate of $7.95 per share. Pursuant to the Conversion Agreement dated July 22, 2022, the noteholders are permitted to convert up to $6,750,000 of principal into stock at a share price of $0.25. |
F4 | Securities are held directly by Lugard Road Master. Mr. Green disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |