Jonathan Green - 12 Dec 2022 Form 4 Insider Report for Waitr Holdings Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 12 Dec 2022
Net transaction value: -$46,189
SEC form: 4
Accepted by SEC: 14 Dec 2022, 18:12:08 UTC
Prior SEC filing: 09 Dec 2022
Source filing: View source filing
Reporting owner signature: /s/Annette L. Finch, as Attorney-in-Fact

Key filing fact

Jonathan Green filed Form 4 for Waitr Holdings Inc. on 14 Dec 2022.

Key facts

This page summarizes Jonathan Green's Form 4 filing for Waitr Holdings Inc..
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 14 Dec 2022, 18:12.

Change

Previous filing in this sequence was filed on 09 Dec 2022.
Current net transaction value: -$46,189.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ASAP transaction

Common Stock

Sale

Transaction value: $26,485
Shares: -52,623
Change %: -12%
Price: $0.5033
Shares after: 396,335
Date: 12 Dec 2022
Ownership: See Footnote
Footnotes: F1

ASAP transaction

Common Stock

Sale

Transaction value: $4,270
Shares: -8,149
Change %: -2.1%
Price: $0.5240
Shares after: 388,186
Date: 13 Dec 2022
Ownership: See Footnote
Footnotes: F1

ASAP transaction

Common Stock

Sale

Transaction value: $15,434
Shares: -31,901
Change %: -8.2%
Price: $0.4838
Shares after: 356,285
Date: 14 Dec 2022
Ownership: See Footnote
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ASAP holding Derivative

Convertible Promissory Notes

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 151,461
Date: 12 Dec 2022
Ownership: See Footnote
Underlying class: Common Stock
Underlying amount: 151,461
Exercise price: $147.10
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

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), and will mature on May 15, 2024. As of December 1, 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 $147.10 per share.

Footnote F3

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.