Robert D. Wright - 06 Jan 2023 Form 4 Insider Report for POTBELLY CORP (PBPB)

Role: President and CEO, Director
Signature: /s/ Robert D. Wright
Issuer symbol: PBPB
Transactions as of: 06 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 06 Jan 2023, 18:30:45 UTC
Previous filing: 21 Dec 2022
Next filing: 24 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PBPB	Common Stock	Award	$0	+91,911	+15%	$0.000000	692,072	06 Jan 2023	Direct	F1

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	Price Performance Stock Units	Award	$0	+91,911		$0.000000	91,911	06 Jan 2023	Common Stock	91,911		Direct	F2

* 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 will vest over three (3) years with one thirty-sixth (1/36) of the restricted stock units vesting on the last day of each month beginning January 31, 2023.
F2	Each price performance stock unit represents a contingent right to receive one share of the Issuer's common stock. The price performance stock units vest, if at all, in three installments upon the Issuer's common stock achieving three specified market price targets.