Robert D. Wright - 02 Jan 2025 Form 4 Insider Report for POTBELLY CORP (PBPB)

Role
President and CEO, Director
Signature
/s/ Robert D. Wright
Issuer symbol
PBPB
Transactions as of
02 Jan 2025
Net transactions value
-$49,108
Form type
4
Filing time
06 Jan 2025, 21:30:04 UTC
Previous filing
06 Jan 2025
Next filing
27 Jan 2025
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 +11,739 +1.6% $0.000000 725,824 02 Jan 2025 Direct F1
transaction PBPB Common Stock Tax liability $49,108 -5,241 -0.72% $9.37 720,583 02 Jan 2025 Direct F2
transaction PBPB Common Stock Award $0 +58,697 +8.1% $0.000000 779,280 02 Jan 2025 Direct F3

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 +46,958 $0.000000 46,958 02 Jan 2025 Common Stock 46,958 Direct F4
* 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 2, 2025.
F3 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, 2025.
F4 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.