Asi Ginio - 18 Jul 2022 Form 4 Insider Report for Mondee Holdings, Inc. (MOND)

Role
Director
Signature
/s/ Asi Ginio
Issuer symbol
MOND
Transactions as of
18 Jul 2022
Transactions value $
$0
Form type
4
Filing time
20 Jul 2022, 21:55:54
Next filing
21 Jul 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MOND Restricted Stock Units Award +5K 5K 18 Jul 2022 Class A Common Stock, par value $0.0001 per share 5K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted on July 18, 2022 under the Mondee Holdings, Inc. 2022 Equity Incentive Plan and applicable restricted stock unit award agreement (the "RSU Award Agreement"). Each restricted stock unit is the economic equivalent of one share of Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), of Mondee Holdings, Inc. (the "Issuer"). Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in shares of Class A Common Stock upon vesting. Under the RSU Award Agreement, 1/3 of the restricted stock units will vest if the Issuer's Class A Common Stock price reaches or exceeds a volume-weighted average price of $12.50, $15.00 and $18.00 for any 20 days within any 30 day trading period.