4//SEC Filing
Yeghyazarians Armen 4
Accession 0001653247-23-000018
CIK 0001653247other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 6:37 PM ET
Size
11.6 KB
Accession
0001653247-23-000018
Insider Transaction Report
Form 4
Yeghyazarians Armen
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2023-03-21+1,666→ 2,832 total - Tax Payment
Common Stock
2023-03-21−619→ 2,213 total - Exercise/Conversion
Restricted Stock Units (RSUs) - 032122
2023-03-21−1,666→ 3,334 total→ Common Stock (1,666 underlying)
Holdings
- 3,333
Restricted Stock Units (RSUs) - 092221
→ Common Stock (3,333 underlying)
Footnotes (4)
- [F1]On November 22, 2022, the Issuer effected a one-for-twenty reverse stock split (the "Reverse Stock Split") of all of its issued and outstanding shares of common stock ("Common Stock"), which resulted in the Reporting Person's ownership of issued and outstanding Common Stock being reduced from 23,316 shares of Common Stock to 1,166 shares of Common Stock.
- [F2]The Reverse Stock Split also impacted outstanding derivative securities issued pursuant to the Issuer's 2018 Amended and Restated Omnibus Incentive Plan, which resulted in the Reporting Person's ownership of derivative securities being reduced accordingly.
- [F3]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 5,000 RSUs (as adjusted for the Reverse Stock Split) shall vest each year over the course of three years, pursuant to the Restricted Stock Unit Award Agreement entered into by the Reporting Person as of March 21, 2022, beginning on the first anniversary of such date and continuing thereafter, 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).
- [F4]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 5,000 RSUs (as adjusted for the Reverse Stock Split) shall vest each year over the course of three years, pursuant to the Restricted Stock Unit Award Agreement entered into by the Reporting Person as of September 22, 2021 (the Grant Date), beginning on September 2, 2022 and continuing thereafter, 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).
Documents
Issuer
Waitr Holdings Inc.
CIK 0001653247
Entity typeother
Related Parties
1- filerCIK 0001883493
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 6:37 PM ET
- Size
- 11.6 KB