ORTALE BUFORD H 4
4 · Waitr Holdings Inc. · Filed Nov 17, 2020
Insider Transaction Report
Form 4
ORTALE BUFORD H
Director
Transactions
- Purchase
Common Stock
2020-11-16$2.75/sh+266,113$731,811→ 266,113 total
Holdings
- 200,000
Restricted Stock Units
→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]Represents shares of the Issuer's common stock purchased by the Reporting Person in an open market transaction.
- [F2]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).
- [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.