4//SEC Filing
Figenshu Daniel 4
Accession 0001828852-23-000042
CIK 0001828852other
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 6:06 PM ET
Size
9.0 KB
Accession
0001828852-23-000042
Insider Transaction Report
Form 4
Figenshu Daniel
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock, par value $0.0001 per share
2023-04-18+119,600→ 119,600 total - Exercise/Conversion
Restricted Stock Units
2023-04-18$10.00/sh−119,600$1,196,000→ 0 totalFrom: 2023-01-18→ Class 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, which was $10.00.
- [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 agreed to deliver the underlying shares of Class A common stock, par value $0.0001 per share, at a later date. In connection with Reporting Person's resignation, the Company delivered the RSUs to the Reporting Person. 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.
Documents
Issuer
Mondee Holdings, Inc.
CIK 0001828852
Entity typeother
Related Parties
1- filerCIK 0001932103
Filing Metadata
- Form type
- 4
- Filed
- Apr 18, 8:00 PM ET
- Accepted
- Apr 19, 6:06 PM ET
- Size
- 9.0 KB