Company: FWRG
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001789940-25-000031
Chunk: 39

Company: First Watch Restaurant Group, Inc.
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 39
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 —                                                                                                  |     |                      8.45 |     |   |     | 7/18/2028              |     |                                                               — |     | — |     |                                                                     — |     | —                                                                                                       |     | —                                                                                                                       |
|                          |     | 4/24/2019               |     |                                                    69,055 |     |                                           — |     |                                                                                                    |     |                     12.68 |     |   |     | 4/24/2029              |     |                                                               — |     | — |     |                                                                     — |     | —                                                                                                       |     | —                                                                                                                       |
|                          |     | 3/25/2022               |     |                                                    38,479 |     |                                      19,241 |     | —                                                                                                  |     |                     12.58 |     |   |     | 3/25/2032              |     |                                                               — |     | — |     |                                                                     — |     | —                                                                                                       |     | —                                                                                                                       |
|                          |     | 3/9/2023                |     |                                                         — |     |                                           — |     | —                                                                                                  |     |                         — |     | — |     | —                      |     |                                                          15,034 |     |   |     |                                                              $281,136 |     | —                                                                                                       |     | —                                                                                                                       |
|                          |     | 3/7/2024                |     |                                                         — |     |                                           — |     | —                                                                                                  |     |                         — |     |   |     | —                      |     |                                                          24,202 |     |   |     |                                                              $452,577 |     | —                                                                                                       |     | —                                                                                                                       |

___________________________

(1) Represents time-based restricted stock unit awards held by the NEO as of December 29, 2024

(2) Represents the value of the number of shares of Common Stock underlying the time-based restricted stock unit awards valued based on the $18.70 closing market price of the Company’s Common Stock for December 27, 2024.

A portion of the option awards that were granted prior to the Company’s initial public offering on October 5, 2021 (the “IPO”) are subject to time-based vesting in equal installments on each of the first five anniversaries of the applicable grant date, subject to the participant’s continued employment or service