Company: FWRG
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001789940-25-000031
Chunk: 48

Company: First Watch Restaurant Group, Inc.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 48
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 David Kussell Irrevocable Trust of 2014.

(9) Includes 5,194 shares of Common Stock held by Ms. Lilak that are issuable upon settlement of restricted stock units within 60 days.

(10) Includes 5,194 shares of Common Stock held by Mr. Solheim that are issuable upon settlement of restricted stock units within 60 days.

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Securities Authorized for Issuance Under Equity Compensation Plans

The following table summarizes the equity compensation plans under which our equity securities are authorized for issuance as of December 29, 2024.

| Plan category                                              |     | Number of securities to be issued upon exercise of outstanding options, warrants and rights 
 (a)                                                                                         |           |     | Weighted-average exercise price of outstanding options, warrants and rights 
 (b)                                                                         |       |     | Number of securities remaining available for future issuance under equity compensation plan (excluding securities reflected in column 
 (a)) (c)                                                                                                                              |           |
|:-----------------------------------------------------------|:----|:--------------------------------------------------------------------------------------------|----------:|:----|:----------------------------------------------------------------------------|------:|:----|:--------------------------------------------------------------------------------------------------------------------------------------|----------:|
| Equity compensation plans approved by security holders (1) |     |                                                                                             | 4,460,738 |     | $                                                                           | 10.14 |     |                                                                                                                                       | 4,465,524 |
| Equity compensation plans not approved by security holders |     |                                                                                             |         — |     |                                                                             |     — |     |                                                                                                                                       |         — |
| Total                                                      |     |                                                                                             | 4,460,738 |     | $                                                                           | 10.14 |     |                                                                                                                                       | 4,465,524 |

_____________________________

(1) The equity compensation plans approved by security holders are the 2017 Plan and the 2021 Plan. The maximum number of shares available for issuance to participants pursuant to awards under the 2017 Plan is 6,138,240. We do not intend to grant any further awards under the 2017 Plan. The initial maximum number of shares available for issuance to participants pursuant to awards under the 2021 Plan was 4,034,072 shares. The aggregate number of shares reserved for awards under the 2021 Plan automatically increases on the first day of each fiscal year during the term of the 2021 Plan beginning on December 26, 2022 and ending on December 30,