0001789940-24-000054.txt : 20240314 0001789940-24-000054.hdr.sgml : 20240314 20240314161352 ACCESSION NUMBER: 0001789940-24-000054 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240312 FILED AS OF DATE: 20240314 DATE AS OF CHANGE: 20240314 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hartman Eric Richard CENTRAL INDEX KEY: 0001880268 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40866 FILM NUMBER: 24750276 MAIL ADDRESS: STREET 1: C/O FIRST WATCH RESTAURANT GROUP, INC. STREET 2: 8725 PENDERY PLACE, SUITE 201 CITY: BRADENTON STATE: FL ZIP: 34201 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: First Watch Restaurant Group, Inc. CENTRAL INDEX KEY: 0001789940 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 824271369 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 8725 PENDERY PLACE, SUITE 201 CITY: BRADENTON STATE: FL ZIP: 34201 BUSINESS PHONE: 941-907-9800 MAIL ADDRESS: STREET 1: 8725 PENDERY PLACE, SUITE 201 CITY: BRADENTON STATE: FL ZIP: 34201 FORMER COMPANY: FORMER CONFORMED NAME: AI Fresh Super Holdco, Inc. DATE OF NAME CHANGE: 20191001 FORMER COMPANY: FORMER CONFORMED NAME: Al Fresh Super Holdco, Inc. DATE OF NAME CHANGE: 20191001 4 1 wk-form4_1710447220.xml FORM 4 X0508 4 2024-03-12 0 0001789940 First Watch Restaurant Group, Inc. FWRG 0001880268 Hartman Eric Richard C/O FIRST WATCH RESTAURANT GROUP, INC. 8725 PENDERY PLACE, STE. 201 BRADENTON FL 34201 0 1 0 0 Chief Development Officer 0 Common Stock 2024-03-12 4 S 0 2229 24.43 D 73391 D Common Stock 2024-03-12 4 M 0 58526 8.45 A 131917 D Common Stock 2024-03-12 4 S 0 58526 24.50 D 73391 D Stock Option (right to buy) 8.45 2024-03-12 4 M 0 58526 0 D 2027-08-21 Common Stock 58526 186625 D 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. The price reported in Column 4 is a weighted average price for the 2,229 shares. The individual range of sale prices for this transaction is $24.26 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. The price reported in Column 4 is a weighted average price for the 58,526 shares. The individual range of sale prices for this transaction is $24.50 to $24.57. 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. 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 cancellation. /s/ Jay Wolszczak, as attorney-in-fact for Eric Richard Hartman 2024-03-14