Kussell William A 4
4 · First Watch Restaurant Group, Inc. · Filed May 27, 2022
Insider Transaction Report
Form 4
Kussell William A
Director
Transactions
- Award
Common Stock
2022-05-25+6,854→ 45,240 total
Footnotes (2)
- [F1]Represents the grant by the Issuer of restricted stock units ("RSUs") to Mr. Kussell, which vest on May 25, 2023, subject to Mr. Kussell's continuous service through the vesting date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F2]On October 5, 2021, AI Fresh Holdings Limited Partnership distributed to its limited partners, for no consideration, an aggregate of 48,170,596 shares of the Issuer's common stock, representing each such partner's pro-rata interest in such shares. The aforementioned distribution was made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934. Includes 38,386 shares of common stock beneficially owned by the Reporting Person immediately following such distribution.