Robert D. Wright - 05 Feb 2024 Form 4 Insider Report for POTBELLY CORP (PBPB)

Role
President and CEO, Director
Signature
/s/ Robert D. Wright
Issuer symbol
PBPB
Transactions as of
05 Feb 2024
Transactions value $
-$99,149
Form type
4
Filing time
15 Feb 2024, 16:18:09 UTC
Previous filing
01 Feb 2024
Next filing
04 Mar 2024
SEC
View on sec.gov

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 05 Feb 2024 Direct F1
transaction PBPB Common Stock Tax liability -$99.1K -7.75K -1.05% $12.80 728K 05 Feb 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 05 Feb 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.