Salehi Pouyan 4
4 · Waitr Holdings Inc. · Filed Jul 2, 2020
Insider Transaction Report
Form 4
Salehi Pouyan
Director
Transactions
- Award
Restricted Stock Units
2020-06-30+200,000→ 200,000 total→ Common Stock (200,000 underlying)
Holdings
- 26,372
Restricted Stock Units
→ Common Stock (26,372 underlying) - 13,185
Common Stock
Footnotes (3)
- [F1]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).
- [F2]One-third of the RSUs shall vest each year over the course of three years, beginning on the first anniversary of the grant date (June 5, 2019), subject to the Reporting Person's continued service on the Issuer's board of directors through the applicable vesting date, provided that the RSUs shall fully vest in the event of a Change of Control (as defined in the Waitr Holdings Inc. 2018 Omnibus Incentive Plan).
- [F3]Such RSUs fully vest on the earlier of (i) the one year anniversary of the grant date, (ii) the date of the 2021 Annual Meeting of Stockholders of the Issuer and (iii) a Change in Control (as defined in the Waitr Holdings Inc. Amended and Restated 2018 Omnibus Incentive Plan), subject to, in each case, the Reporting Person's continued service on the Issuer's board of directors on the vesting date.