X0306 4 2019-08-09 0 0001617227 J. Alexander's Holdings, Inc. JAX 0001415960 Janszen Timothy 3401 WEST END AVE, SUITE 260 NASHVILLE TN 37203 1 0 0 0 Common Stock 2019-08-09 4 A 0 10500 0.00 A 10500 D Common Stock 1627991 I See footnote. Reflects restricted shares of J. Alexander's Holdings, Inc. (the Company) Common Stock, which vest in four equal annual installments on the first four anniversaries of the grant date. Each share was granted under the Company's Amended and Restated 2015 Equity Incentive Plan. Reflects 1,627,991 shares of the Company's common stock held by Newport Global Opportunities Fund I-A LP. Newport Global Advisors is the investment manager to Newport Global Opportunities Fund I-A LP. Mr. Janszen is the Chief Executive Officer of Newport Global Advisors and, as a result, may be deemed to beneficially own, and holds voting and dispositive power over a11 1,627,991 shares. /s/ Matthew I. O'Brien, Attorney-in-Fact 2019-08-13