4/A//SEC Filing
Portillo Jesus 4/A
Accession 0001828852-24-000004
CIK 0001828852other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 9:12 PM ET
Size
6.1 KB
Accession
0001828852-24-000004
Insider Transaction Report
Form 4/AAmended
Portillo Jesus
DirectorChief Executive Officer
Transactions
- Award
Class A Common Stock, par value $0.0001 per share
2023-04-20+180,000→ 430,000 total
Footnotes (2)
- [F1]On April 20, 2023, the Reporting Person filed a Form 4, which inadvertently failed to report that pursuant to that certain employment agreement, effective as of April 20, 2023, by and between Mondee Holdings, Inc., a Delaware corporation (the "Issuer") and the Reporting Person (the "Employment Agreement"), the Issuer agreed to issue to the Reporting Person up to 180,000 shares of Common Stock (the "Earn-Out Shares") under that certain Earn-Out Agreement, dated as of December 20, 2021, by and among the Issuer and the other parties thereto (the "Earn-Out Agreement").
- [F2]Subject to certain vesting and forfeiture terms in the Earn-Out Agreement, the Issuer agreed to grant the Earn-Out Shares to the Reporting Person in eight equal installments over two years, with the first installment of 22,500 Earn-Out Shares being issued on July 20, 2023, and the final 22,500 Earn-Out Shares being issued on April 20, 2025, so long as the Employment Agreement has not been terminated either due to the Reporting Person's voluntary termination of the Employment Agreement or by the Issuer for Cause (as defined in the Employment Agreement).
Documents
Issuer
Mondee Holdings, Inc.
CIK 0001828852
Entity typeother
Related Parties
1- filerCIK 0001973640
Filing Metadata
- Form type
- 4/A
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 9:12 PM ET
- Size
- 6.1 KB