Cronin David 4
4 · Waitr Holdings Inc. · Filed Aug 20, 2021
Insider Transaction Report
Form 4
Cronin David
Chief Engagement Officer
Transactions
- Award
Restricted Stock Units
2021-08-19+250,000→ 250,000 total→ Common Stock (250,000 underlying)
Holdings
- 83,334
Common Stock
- 166,666
Restricted Stock Units
→ Common Stock (166,666 underlying)
Footnotes (2)
- [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). One-third of the grant of 250,000 RSUs vest on each year over the course of three years, pursuant to the Restricted Stock Unit Award Agreement entered into by the Reporting Person as of July 1, 2020 (the " July 2020 Grant Date"), beginning on the first anniversary of the July 2020 Grant Date, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date, provided that the RSUs shall fully vest in the event of a Change in Control (as defined in the Waitr Holdings Inc. Amended and Restated 2018 Omnibus Incentive Plan).
- [F2]Each 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). One-third of the grant of 250,000 RSUs vest on each year over the course of three years, pursuant to the Restricted Stock Unit Award Agreement entered into by the Reporting Person as of August 19, 2021 (the "August 2021 Grant Date"), beginning on the first anniversary of the August 2021 Grant Date, subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date, provided that the RSUs shall fully vest in the event of a Change in Control (as defined in the Waitr Holdings Inc. Amended and Restated 2018 Omnibus Incentive Plan).