Eisenacher Matthew 4

Accession 0001789940-24-000042

CIK 0001789940other

View on SEC.gov Company Profile

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 4:08 PM ET

Size

13.8 KB

Accession

0001789940-24-000042

Insider Transaction Report

Form 4

Period: 2024-03-11

First Watch Restaurant Group, Inc.FWRG

Eisenacher Matthew

Chief Brand Officer

Transactions

Exercise/Conversion
Common Stock
2024-03-11$12.68/sh+38,932$493,658→ 75,208 total
Exercise/Conversion
Common Stock
2024-03-11$13.52/sh+6,068$82,039→ 81,276 total
Exercise/Conversion
Stock Option (right to buy)
2024-03-11−38,932→ 39,988 total
Exercise: $12.68Exp: 2029-04-24→ Common Stock (38,932 underlying)
Exercise/Conversion
Stock Option (right to buy)
2024-03-11−6,068→ 15,133 total
Exercise: $13.52Exp: 2030-04-01→ Common Stock (6,068 underlying)
Sale
Common Stock
2024-03-11$24.46/sh−45,000$1,100,700→ 36,276 total

Footnotes (4)

[F1]Transaction pursuant to a 10b5-1 Trading Plan dated December 11, 2023.
[F2]The price reported in Column 4 is a weighted average price for the 45,000 shares. The individual range of sale prices for this transaction is $24.06 to $25.04. The reporting owner undertakes to provide to First Watch Restaurant Group, Inc., any security holder of First Watch Restaurant Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within the range set forth in this Footnote.
[F3]The stock options representing a right to purchase a total of 78,920 shares, became partially exercisable, as follows: (a) 9,470 stock options vested on April 24, 2020, (b) 9,470 stock options vested on April 24, 2021, (c) 9,470 stock options vested on April 24, 2022, (d) 10,522 stock options vested on October 1, 2022, (e) 9,471 stock options vested on April 24, 2023, and (f) 10,522 stock options vested on October 1, 2023. The unvested stock options are scheduled to vest and become exercisable as follows: (a) 9,471 stock options will vest on April 24, 2024 and (b) 10,524 stock options will vest on June 30, 2024, subject to earlier forfeiture or cancellation.
[F4]The stock options representing a right to purchase a total of 26,772 shares, became partially exercisable as follows: (a) 3,212 stock options vested on April 1, 2021, (b) 3,213 stock options vested on April 1, 2022, (c) 3,568 stock options vested on October 1, 2022, (d) 3,213 stock options vested on April 1, 2023 and (e) 3,570 stock options vested on October 1, 2023. The unvested stock options are scheduled to vest and become exercisable as follows: (a) 3,213 stock options will vest on April 1, 2024, (b) 3,570 stock options will vest on June 30, 2024 and (c) 3,213 stock options will vest on April 1, 2025, subject to earlier forfeiture or cancellation.

Documents

1 file

4
wk-form4_1710274100.xmlPrimary
FORM 4

Issuer

First Watch Restaurant Group, Inc.

CIK 0001789940

→

Entity typeother

Related Parties

filerCIK 0001988417

Filing Metadata

Form type: 4
Filed: Mar 11, 8:00 PM ET
Accepted: Mar 12, 4:08 PM ET
Size: 13.8 KB

View on SEC.gov