Steven Cirulis - Apr 1, 2022 Form 4 Insider Report for POTBELLY CORP (PBPB)

Role
SVP, Chief Financial Officer
Signature
/s/ Steven Cirulis
Stock symbol
PBPB
Transactions as of
Apr 1, 2022
Transactions value $
-$23,078
Form type
4
Date filed
4/7/2022, 06:31 PM
Previous filing
Oct 8, 2021
Next filing
Apr 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBPB Common Stock Award $0 +30.5K +10.43% $0.00 323K Apr 1, 2022 Direct F1
transaction PBPB Common Stock Tax liability -$23.1K -3.46K -1.07% $6.67 319K Apr 6, 2022 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 Award $0 +30.5K $0.00 30.5K Apr 1, 2022 Common Stock 30.5K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. These restricted stock units vest in equal installments on April 1, 2023, April 1, 2024 and April 1, 2025.
F2 Shares withheld for payment of tax liability upon vesting of the restricted stock units granted on May 18, 2020.
F3 Represents an award of performance stock units which vest based on performance versus certain metrics as described in the award agreement.