H. Melville Hope III - Mar 12, 2024 Form 4 Insider Report for First Watch Restaurant Group, Inc. (FWRG)

Role: CFO and Treasurer
Signature: /s/ Jay Wolszczak, as attorney-in-fact for H. Melville Hope III
Stock symbol: FWRG
Transactions as of: Mar 12, 2024
Transactions value $: -$109,984
Form type: 4
Date filed: 3/14/2024, 04:15 PM
Previous filing: Mar 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FWRG	Common Stock	Sale	-$110K	-4.5K	-5.19%	$24.43	82.3K	Mar 12, 2024	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents the number of shares sold by First Watch Restaurant Group, Inc. on behalf of the reporting owner, which sale is mandatory pursuant to First Watch Restaurant Group, Inc.'s policies to cover necessary tax withholding obligations in connection with the vesting of restricted stock units. Such sales do not represent a discretionary trade by the reporting owner.
F2	The price reported in Column 4 is a weighted average price for the 4,502 shares. The individual range of sale prices for this transaction is $24.26 to $24.43. The reporting owner undertakes to provide to First Watch Restaurant Group, Inc., any security holder of First Watch Restaurant Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within the range set forth in this Footnote.

Content

Represents the number of shares sold by First Watch Restaurant Group, Inc. on behalf of the reporting owner, which sale is mandatory pursuant to First Watch Restaurant Group, Inc.'s policies to cover necessary tax withholding obligations in connection with the vesting of restricted stock units. Such sales do not represent a discretionary trade by the reporting owner.

The price reported in Column 4 is a weighted average price for the 4,502 shares. The individual range of sale prices for this transaction is $24.26 to $24.43. The reporting owner undertakes to provide to First Watch Restaurant Group, Inc., any security holder of First Watch Restaurant Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within the range set forth in this Footnote.