Form 4 for FWRG First Watch Restaurant Group, Inc.
Accepted 2024-03-06 00:00:00 ET · period of report 2024-03-06 · accession 0001789940-24-000018 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-06 | 2024-03-06 | FWRG | Hartman Eric Richard | Chief Development Off | S - Sale+OE | $25.03 | -1,474 | 51.4K | -3% | -$36.9K |
| D | 2024-03-06 | 2024-03-06 | FWRG | Hartman Eric Richard | Chief Development Off | M - OptEx | $8.45 | +1,474 | 52.9K | +3% | +$12.5K |
| D | 2024-03-06 | 2024-03-06 | FWRG | Hartman Eric Richard | Chief Development Off | M - OptEx | $0.00 | -1,474 | 245.2K | -0.6% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-06 | S | D | 1,474 | $25.03 | 51,417 | D | — | — | (F1) The price reported in Column 4 is a weighted average price for the 1,474 shares. The individual range of sale prices for this transaction is $25.000 to $25.055. 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. |
| 2 | Common | Common Stock | 2024-03-06 | M | A | 1,474 | $8.45 | 52,891 | D | — | — | |
| 3 | Derivative | Stock Option (right to buy) | 2024-03-06 | M | D | 1,474 | $0.00 | 245,151 | D | $8.45 · — to 2027-08-21 | 1,474 Common Stock | (F2) The stock options, representing a right to purchase a total of 246,625 shares, became partially exercisable as follows: (a) 29,595 stock options vested on August 31, 2018, (b) 29,595 stock options vested on August 31, 2019, (c) 29,595 stock options vested on August 31, 2020, (d) 29,595 stock options vested on August 31, 2021, (e) 29,595 stock options vested on August 31, 2022, (f) 32,883 stock options vested on October 1, 2022 and (g) 32,883 stock options vested on October 1, 2023. 32,884 stock options are scheduled to vest and become exercisable on June 30, 2024, subject to earlier forfeiture or acceleration. |