Home > Insider Trading > Filing (0001653247-22-000161)

Filing Details

Accession Number:: 0001653247-22-000161
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-11-17 16:51:48
Reporting Period:: 2022-10-17

Accepted Time:: 2022-11-17 16:51:48
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1653247	Waitr Holdings Inc.	WTRH	Services-Business Services, Nec (7389)	263828008

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1758916	Jonathan Green	C/O Waitr Holdings Inc. 214 Jefferson Street, Suite 200 Lafayette LA 70501		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2022-11-15	358,076	$0.12	13,850,224	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2022-11-16	11,103	$0.12	13,839,121	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2022-11-17	85,494	$0.11	13,753,627	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2022-10-17	19,779	$0.00	0	No	4	G	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	G	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Convertible Promissory Notes	$7.95	2018-11-15	2024-05-15	2,802,509	2,802,509	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2024-05-15	2,802,509	2,802,509	Indirect

Footnotes

Mr. Green is a managing member and controlling person of Lugard Road Capital GP, LLC, the general partner of Lugard Road Capital Master Fund, LP ("Lugard Road Master"), which is an investment fund affiliated with Luxor Capital Group, LP ("Luxor Capital"). Mr. Green disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
This transaction represents a charitable donation. This is not a market transaction, thus no price has been reported. No value was received for the donated shares.
On November 15, 2018, $60,000,000 in aggregate principal amount of convertible promissory notes (the "Notes") were issued to Luxor Capital, $31,574,000 of which was issued to Lugard Road Master. The Notes currently bear interest at a rate of 4.5% per annum, paid quarterly (up to 33.3% as payment-in-kind if elected by Waitr Holdings Inc.), and will mature on May 15, 2024. As of November 16, 2022, the outstanding aggregate principal amount of the Notes totaled $42,338,530, of which $22,279,945 was issued to Lugard Road Master. Upon maturity, the Notes (and any accrued but unpaid interest) will be repaid in cash or converted into shares of common stock, at the holder's election. At any time, at the holder's election, each Note may be converted in whole or in part into shares of common stock at a rate of $7.95 per share. Pursuant to the Conversion Agreement dated July 22, 2022, the noteholders are permitted to convert up to $6,750,000 of principal into stock at a share price of $0.25.
Securities are held directly by Lugard Road Master. Mr. Green disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.