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4//SEC Filing

GRIMSTAD CARL A 4

Accession 0000899243-20-011346

CIK 0001653247other

Filed

Apr 26, 8:00 PM ET

Accepted

Apr 27, 5:44 PM ET

Size

8.8 KB

Accession

0000899243-20-011346

Insider Transaction Report

Form 4
Period: 2020-04-23
GRIMSTAD CARL A
DirectorChief Executive Officer
Transactions
  • Award

    Restricted Stock Units

    2020-04-23+3,134,3253,134,325 total
    Common Stock (3,134,325 underlying)
  • Award

    Option

    2020-01-03+11 total
    Exercise: $0.37Exp: 2025-01-03Common Stock (9,572,397 underlying)
Footnotes (2)
  • [F1]The Reporting Person's right to purchase the shares of Waitr Holdings Inc.'s (the "Company") common stock, par value $0.0001 per share, generally vests and becomes exercisable as follows: (i) one-half (1/2) of the Option shall vest and become exercisable on January 3, 2021 and (ii) one-half (1/2) of the Option shall vest and become exercisable on January 3, 2022; provided, that, in each case, the Reporting Person's employment agreement has not been previously terminated; provided further, that, the Option shall fully vest upon the date of termination of the employment agreement by the Reporting Person for Good Reason (as defined therein) or by the Company for reason other than Misconduct (as defined therein). This Option was previously granted and reported on a Form 4 filed with the SEC on January 6, 2020.
  • [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock of the Company. The RSUs shall vest upon the consummation of a Corporate Change (as defined in the Reporting Person's employment agreement), provided that the employment agreement has not been previously terminated; provided further, that, the RSUs shall fully vest upon the date of termination of the employment agreement by the Reporting Person for Good Reason (as defined therein) or by the Company for reason other than Misconduct (as defined therein).

Issuer

Waitr Holdings Inc.

CIK 0001653247

Entity typeother

Related Parties

1
  • filerCIK 0001239359

Filing Metadata

Form type
4
Filed
Apr 26, 8:00 PM ET
Accepted
Apr 27, 5:44 PM ET
Size
8.8 KB