Matthew Eisenacher - Aug 7, 2023 Form 3 Insider Report for First Watch Restaurant Group, Inc. (FWRG)

Role
Chief Brand Officer
Signature
/s/ Jay Wolszczak, Attorney-in-Fact for Matthew Eisenacher
Stock symbol
FWRG
Transactions as of
Aug 7, 2023
Transactions value $
$0
Form type
3
Date filed
8/10/2023, 04:26 PM
Next filing
Mar 6, 2024

Transactions Table

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
holding FWRG Stock Option (right to buy) Aug 7, 2023 Common Stock 78.9K $12.68 Direct F2
holding FWRG Stock Option (right to buy) Aug 7, 2023 Common Stock 26.8K $13.52 Direct F3
holding FWRG Stock Option (right to buy) Aug 7, 2023 Common Stock 43.3K $12.58 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units which vest in three equal annual installments beginning on March 9, 2024, subject to earlier forfeiture or acceleration.
F2 Represents stock options awarded on 4/24/2019, pursuant to the Issuer's 2017 Omnibus Equity Incentive Plan (the "2017 Plan"). Unvested stock options vest in installments as follows: (a) 9,471 options on April 24, 2024; and (b) 10,523 options on each of the second anniversary of the closing of the Issuer's initial public offering ("IPO") and on the 273rd day following the second anniversary of the closing of the IPO, subject to earlier forfeiture or acceleration.
F3 Represents stock options awarded on 4/1/2020, pursuant to the 2017 Plan. Unvested stock options vest in installments as follows: 3,213 options on each of April 1, 2024 and April 1, 2025; and (b) 3,570 options on each of the second anniversary of the closing of the IPO and on the 273rd day following the second anniversary of the closing of the IPO, subject to earlier forfeiture or acceleration.
F4 Represents stock options awarded on 3/25/2022, pursuant to the Issuer's 2021 Equity Incentive Plan. Unvested options vest in installments as follows: 14,430 options on March 25, 2024 and 14,431 options on March 25, 2025, subject to earlier forfeiture or acceleration.

Remarks:

EXHIBIT LIST: EX-24 Eisenacher.POA