James Dullum - Jul 18, 2022 Form 4 Insider Report for Mondee Holdings, Inc. (MOND)

Role: Chief Operating Officer
Signature: /s/ James Dullum
Stock symbol: MOND
Transactions as of: Jul 18, 2022
Transactions value $: -$281,232
Form type: 4
Date filed: 9/13/2023, 04:38 PM
Next filing: Dec 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MOND	Class A Common Stock, par value $0.0001 per share	Options Exercise		+112K			112K	Jul 18, 2022	Direct	F1
transaction	MOND	Class A Common Stock, par value $0.0001 per share	Tax liability	-$281K	-29.3K	-26.16%	$9.60	82.7K	May 25, 2023	Direct	F2
transaction	MOND	Class A Common Stock, par value $0.0001 per share	Award		+200K	+241.82%		283K	Sep 7, 2023	Direct	F3, F4

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	MOND	Restricted Stock Units	Options Exercise	$0	-112K	-100%	$0.00^*	0	Jul 18, 2022	Class A Common Stock, par value $0.0001 per share	112K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	The reported transaction represents the vesting of 112,000 restricted stock units ("RSUs") granted to the Reporting Person on July 18, 2022, as previously reported in Table II. The shares of Class A common stock, par value $0.0001 per share ("Common Stock") of Mondee Holdings, Inc. (the "Issuer") underlying the RSUs became deliverable on January 18, 2023.
F2	Represents shares of Common Stock withheld to cover tax withholding obligations in connection with the vesting of RSUs.
F3	Represents RSUs payable in shares of Common Stock of the Issuer under the Issuer's 2022 Equity Incentive Plan and applicable RSU award agreement dated September 7, 2023 (the "RSU Agreement"). Under the RSU Agreement, the RSUs will vest as follows: 66,667 RSUs vest on each of January 1, 2024 and January 1, 2025, and 66,666 RSUs vest on January 1, 2026.
F4	The total reported in Column 5 includes the 200,000 newly granted RSUs and shares of Common Stock underlying the 112,000 vested RSUs previously reported in Table II, less the 29,295 shares of Common Stock withheld to cover tax withholding obligations.