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First Watch Restaurant Group, Inc. — Director's Dealing 2021
Oct 2, 2021
32252_dirs_2021-10-01_c28dd49d-b84b-4add-a25e-41f52bf905f3.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: First Watch Restaurant Group, Inc. (FWRG)
CIK: 0001789940
Period of Report: 2021-10-01
Reporting Person: Alvarez Ralph (Director)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $8.45 | 2027-08-21 | Common stock (98650) | Direct | |
| Stock Option (right to buy) | $13.52 | 2029-09-27 | Common stock (98650) | Direct |
Footnotes
F1: Represents stock options awarded on August 21, 2017, pursuant to the Issuer's 2017 Omnibus Equity Incentive Plan (the "Plan"). Unvested stock options vest in installments as follows: (a) 11,838 options on August 21, 2022; and (b) 13,153 options on each of the first two anniversaries of the closing of the Issuer's initial public offering (the "IPO"), and 13,154 options on the 273rd day following the second anniversary of the closing of the IPO, subject to earlier forfeiture or acceleration.
F2: Represents stock options awarded on September 27, 2019, pursuant to the Plan. Unvested stock options vest in installments as follows: (a) 11,838 options on each of September 27, 2022 and the first two anniversaries thereof; and (b) 13,153 options on each of the first two anniversaries of the closing of the IPO, and 13,154 options on the 273rd day following the second anniversary of the closing of the IPO, subject to earlier forfeiture or acceleration.