Robert D. Wright - Apr 12, 2023 Form 4 Insider Report for POTBELLY CORP (PBPB)

Role
President and CEO, Director
Signature
/s/ Robert D. Wright
Stock symbol
PBPB
Transactions as of
Apr 12, 2023
Transactions value $
-$74,130
Form type
4
Date filed
4/13/2023, 08:39 PM
Previous filing
Apr 11, 2023
Next filing
Apr 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBPB Common Stock Options Exercise +18.4K +2.71% 698K Apr 12, 2023 Direct F1
transaction PBPB Common Stock Tax liability -$74.1K -8.01K -1.15% $9.25 690K Apr 12, 2023 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 Price Performance Stock Units Options Exercise $0 -18.4K -20% $0.00 73.5K Apr 12, 2023 Common Stock 18.4K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 12, 2023, 18,383 of the Reporting Person's price performance stock units vested.
F2 Shares withheld for payment of tax liability upon vesting of the price performance stock units granted on January 6, 2023.
F3 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.