Meredith Waters - Jan 2, 2024 Form 4 Insider Report for Mondee Holdings, Inc. (MOND)

Signature
/s/ Meredith Waters, by Jesus Portillo, Attorney-in-Fact
Stock symbol
MOND
Transactions as of
Jan 2, 2024
Transactions value $
-$17,533
Form type
4
Date filed
4/29/2024, 10:08 AM
Previous filing
Jan 3, 2024

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 Award $0 +102K +236.16% $0.00 146K Jan 2, 2024 Direct F1
transaction MOND Class A Common Stock, par value $0.0001 per share Tax liability -$17.5K -7.59K -5.21% $2.31 138K Apr 2, 2024 Direct F2
transaction MOND Class A Common Stock, par value $0.0001 per share Disposed to Issuer $0 -101K -72.83% $0.00 37.5K Apr 12, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Meredith Waters is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") payable in shares of Class A common stock, par value $0.0001 per share ("Common Stock") of Mondee Holdings, Inc. (the "Issuer"), granted on January 2, 2024 under the Issuer's 2022 Equity Incentive Plan and applicable RSU award agreement dated January 2, 2024. The RSUs are accompanied by dividend equivalent rights. 25,597 RSUs will vest on each of March 31, 2024, June 30, 2024 and September 30, 2024 and another 25,598 RSUs will vest on December 31, 2024, provided Ms. Waters, the Reporting Person, remains employed with the Issuer on those dates.
F2 Represents shares of Common Stock withheld to cover tax withholding obligations in connection with the vesting of RSUs granted to the Reporting Person on January 2, 2024.
F3 Represents RSU awards forfeited as a result of the Reporting Person terminating her position effective April 12, 2024. 76,432 RSUs were forfeited from the applicable RSU agreement dated January 2, 2024, 20,000 RSUs were forfeited from the applicable RSU agreement dated December 31, 2023, and 4,190 RSUs were forfeited from the applicable RSU agreement dated April 24, 2023.

Remarks:

This filing constitutes a Form 4 exit filing for Meredith Waters, the Reporting Person, as she is no longer subject to Section 16 of the Securities Exchange Act of 1934, as amended and therefore will no longer report any such transactions on Form 4 or Form 5.