4//SEC Filing
SCHRAMM DAMON E. 4
Accession 0001209191-19-028961
CIK 0001653247other
Filed
May 9, 8:00 PM ET
Accepted
May 10, 4:37 PM ET
Size
9.9 KB
Accession
0001209191-19-028961
Insider Transaction Report
Form 4
SCHRAMM DAMON E.
Chief Legal Officer
Transactions
- Award
Restricted Stock Units
2019-05-09+11,050→ 11,050 total→ Common Stock (11,050 underlying)
Holdings
- 1,594
Common Stock
- 16,393
Options
Exercise: $12.20→ Common Stock (16,393 underlying) - 60,155
Deferred Stock Units
→ Common Stock (60,155 underlying)
Footnotes (5)
- [F1]One-third of the options will vest and become exercisable on each of the first, second and third anniversaries of February 1, 2019.
- [F2]The options will generally expire on the tenth anniversary of February 1, 2019, subject to earlier expiration upon termination of the Reporting Person's employment with the Issuer.
- [F3]On January 17, 2019, the Issuer consummated the acquisition (the "Acquisition") of BiteSquad.com, LLC ("Bite Squad"), pursuant to an Agreement and Plan of Merger, dated as of December 11, 2018 (the "Merger Agreement"), by and among the Issuer, Bite Squad and Wingtip Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of the Issuer. Pursuant to the Merger Agreement, the Reporting Person has the right to receive 60,155 shares of the Issuer's common stock six months from the closing of the Acquisition, subject to the reporting Person's continued employment with the Issuer through such date. The closing price of the Issuer's common stock was $11.95 on the effective date of the Acquisition.
- [F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock or an equivalent amount in cash (or partly in cash and partly in shares).
- [F5]1/3 of such RSUs vest on each of the first three anniversaries of February 1, 2019, subject to the Reporting Person's continued employment with the Issuer.
Documents
Issuer
Waitr Holdings Inc.
CIK 0001653247
Entity typeother
Related Parties
1- filerCIK 0001667127
Filing Metadata
- Form type
- 4
- Filed
- May 9, 8:00 PM ET
- Accepted
- May 10, 4:37 PM ET
- Size
- 9.9 KB