Robert D. Wright - 03 Jan 2024 Form 4 Insider Report for POTBELLY CORP (PBPB)

Signature
/s/ Robert D. Wright
Issuer symbol
PBPB
Transactions as of
03 Jan 2024
Net transactions value
-$317,210
Form type
4
Filing time
09 Jan 2024, 16:03:06 UTC
Previous filing
02 Jan 2024
Next filing
01 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBPB Common Stock Award $0 +9,842 +1.5% $0.000000 687,872 03 Jan 2024 Direct F1
transaction PBPB Common Stock Tax liability $44,643 -4,394 -0.64% $10.16 683,478 03 Jan 2024 Direct F2
transaction PBPB Common Stock Options Exercise +19,685 +2.9% 703,163 08 Jan 2024 Direct F3
transaction PBPB Common Stock Tax liability $93,882 -7,746 -1.1% $12.12 695,417 08 Jan 2024 Direct F4
transaction PBPB Common Stock Options Exercise +36,764 +5.3% 732,181 08 Jan 2024 Direct F5
transaction PBPB Common Stock Tax liability $178,685 -14,743 -2% $12.12 717,438 08 Jan 2024 Direct F6

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 +39,370 $0.000000 39,370 03 Jan 2024 Common Stock 39,370 Direct F7
transaction PBPB Price Performance Stock Units Options Exercise $0 -19,685 -50% $0.000000 19,685 08 Jan 2024 Common Stock 19,685 Direct F7
transaction PBPB Price Performance Stock Units Options Exercise $0 -36,764 -50% $0.000000 36,764 08 Jan 2024 Common Stock 36,764 Direct F8
* 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 vested immediately upon grant.
F2 Shares withheld for payment of tax liability upon vesting of the restricted stock units granted on January 3, 2024.
F3 On January 8, 2024, 19,685 of the Reporting Person's price performance stock units vested.
F4 Shares withheld for payment of tax liability upon vesting of the price performance stock units granted on January 3, 2024.
F5 On January 8, 2024, 36,764 of the Reporting Person's price performance stock units vested.
F6 Shares withheld for payment of tax liability upon vesting of the price performance stock units granted on January 6, 2023.
F7 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 two installments upon the Issuer's common stock achieving two specified market price targets.
F8 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.