Robert D. Wright - 24 Jun 2021 Form 4 Insider Report for POTBELLY CORP (PBPB)

Role
President and CEO
Signature
/s/ Robert D. Wright
Issuer symbol
PBPB
Transactions as of
24 Jun 2021
Net transactions value
-$543,256
Form type
4
Filing time
28 Jun 2021, 19:35:05 UTC
Next filing
22 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBPB Common Stock Options Exercise +140,000 +23% 746,256 24 Jun 2021 Direct F1
transaction PBPB Common Stock Tax liability $543,256 -61,040 -8.2% $8.90 685,216 24 Jun 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PBPB Performance Stock Units Options Exercise -140,000 -100% 0 24 Jun 2021 Common Stock 140,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 24, 2021, 140,000 of the Reporting Person's performance stock units vested. Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock upon the Issuer's common stock achieving a specified market price.
F2 Shares withheld for payment of tax liability upon vesting of the performance stock units granted on August 10, 2020.