Tomasso Christopher Anthony 4
4 · First Watch Restaurant Group, Inc. · Filed Mar 14, 2024
Insider Transaction Report
Form 4
Tomasso Christopher Anthony
DirectorPresident and CEO
Transactions
- Sale
Common Stock
2024-03-12$24.45/sh−100,000$2,445,000→ 431,871 total - Exercise/Conversion
Stock Option (right to buy)
2024-03-12−100,000→ 935,825 totalExercise: $8.45Exp: 2027-08-21→ Common Stock (100,000 underlying) - Sale
Common Stock
2024-03-12$24.43/sh−21,995$537,338→ 431,871 total - Exercise/Conversion
Common Stock
2024-03-12$8.45/sh+100,000$845,000→ 531,871 total
Holdings
- 500(indirect: By daughter)
Common Stock
Footnotes (4)
- [F1]Represents the number of shares sold by First Watch Restaurant Group, Inc. on behalf of the reporting owner, which sale is mandatory pursuant to First Watch Restaurant Group, Inc.'s policies to cover necessary tax withholding obligations in connection with the vesting of restricted stock units. Such sales do not represent a discretionary trade by the reporting owner.
- [F2]The price reported in Column 4 is a weighted average price for the 21,995 shares. The individual range of sale prices for this transaction is $24.28 to $24.43. 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 price reported in Column 4 is a weighted average price for the 100,000 shares. The individual range of sale prices for this transaction is $24.18 to $24.66. 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.
- [F4]The stock options representing a right to purchase a total of 1,035,825 shares, became partially exercisable, as follows: (a) 124,299 stock options vested on August 31, 2018, (b) 124,299 stock options vested on August 31, 2019, (c) 124,299 stock options vested on August 31, 2020, (d) 124,299 stock options vested on August 31, 2021, (e) 124,299 stock options vested on August 31, 2022, (e) 138,110 stock options vested on October 1, 2022, and (f) 138,110 stock options vested on October 1, 2023. 138,110 stock options will vest on June 30, 2024, subject to earlier forfeiture or cancellation.