Robert D. Wright - Feb 5, 2024 Form 4 Insider Report for POTBELLY CORP (PBPB)

Role
President and CEO, Director
Signature
/s/ Robert D. Wright
Stock symbol
PBPB
Transactions as of
Feb 5, 2024
Transactions value $
-$99,149
Form type
4
Date filed
2/15/2024, 04:18 PM
Previous filing
Feb 1, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBPB Common Stock Options Exercise +19.7K +2.75% 736K Feb 5, 2024 Direct F1
transaction PBPB Common Stock Tax liability -$99.1K -7.75K -1.05% $12.80 728K Feb 5, 2024 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 -19.7K -100% $0.00* 0 Feb 5, 2024 Common Stock 19.7K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 5, 2024, 19,685 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 3, 2024.
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 two installments upon the Issuer's common stock achieving two specified market price targets.