Home/Filings/4/0001104659-22-081337
4//SEC Filing

Figenshu Daniel 4

Accession 0001104659-22-081337

CIK 0001828852other

Filed

Jul 19, 8:00 PM ET

Accepted

Jul 20, 9:56 PM ET

Size

6.9 KB

Accession

0001104659-22-081337

Insider Transaction Report

Form 4
Period: 2022-07-18
Figenshu Daniel
Chief Financial Officer
Transactions
  • Award

    Restricted Stock Units

    2022-07-18+119,600119,600 total
    From: 2023-01-18Class A Common Stock, par value $0.0001 per share (119,600 underlying)
Footnotes (2)
  • [F1]Pursuant to that certain employment agreement (the "Employment Agreement"), effective as of September 30, 2021, by and between the Reporting Person and Mondee Inc. ("Mondee"), Mondee agreed that upon the closing of a business combination with a special purpose acquisition company (a "SPAC"), so long as the Reporting Person remained employed by Mondee until the closing of such business combination, then the Reporting Person would be entitled to receive a number of restricted stock units ("RSUs") of the post-business combination entity equal to $1,196,000.00, divided by the stock price of securities of the SPAC initially offered to the public.
  • [F2]Mondee consummated its initial business combination (the "Business Combination") pursuant to that certain business combination agreement, as amended, dated December 20, 2021, by and among ITHAX Acquisition Corp., Mondee Holdings II, LLC, and other parties thereto, on July 18, 2021. As part of the Business Combination, ITHAX Acquisition Corp. changed its name to Mondee Holdings, Inc. (the "Issuer"). Pursuant to the Employment Agreement, the RSUs vested on July 18, 2022, and the Issuer will deliver the underlying shares of Class A common stock, par value $0.0001 per share, on January 18, 2023. The RSUs are subject to the terms and conditions of the Mondee Holdings, Inc. 2022 Equity Incentive Plan, filed as Exhibit 10.4 to the Issuer's Form S-4/A filed on June 24, 2022 in connection with the Business Combination.

Issuer

Mondee Holdings, Inc.

CIK 0001828852

Entity typeother

Related Parties

1
  • filerCIK 0001932103

Filing Metadata

Form type
4
Filed
Jul 19, 8:00 PM ET
Accepted
Jul 20, 9:56 PM ET
Size
6.9 KB