| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PZZA | Common Stock | Award | $0 | +55.9K | +1010.63% | $0.00 | 61.4K | Apr 12, 2022 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | Represents a grant to the reporting person of restricted stock units ("RSUs") which vest into an equivalent number of shares of the Issuer's common stock according to the following schedule: (i) 18,632 RSUs will vest on April 12, 2023; (ii) 18,632 RSUs will vest on March 15, 2024; and (iii) 18,634 RSUs will vest on March 15, 2025. The RSUs were awarded to the reporting person pursuant to the Endorsement Agreement, effective March 15, 2022, by and among, on the one hand, ABG-Shaq, LLC (ABG-Shaq) and, on the other hand, the Issuer and Papa John's Marketing Fund, Inc. ("PJMF"), under which the reporting person will deliver personal services to the Issuer and PJMF. |
| F2 | The number of securities held reflects the vesting of 31,369 restricted stock units ("RSUs") on March 15, 2022 originally awarded to the reporting person pursuant to the Endorsement Agreement, effective March 15, 2019, by and among, on the one hand, ABG-Shaq, LLC (ABG-Shaq) and, on the other hand, the Issuer and Papa John's Marketing Fund, Inc. Under the reporting person's arrangement with ABG-Shaq, the reporting person received the RSUs as agent of ABG-Shaq and was obligated to deliver to ABG-Shaq the common stock issued upon vesting. |
| F3 | Under his arrangement with ABG-Shaq, the reporting person received the RSUs as agent of ABG-Shaq and has an obligation to deliver to ABG-Shaq any common stock issuable upon vesting of the RSUs. The reporting person has an equity interest in ABG-Shaq but has no investment authority over ABG-Shaq's portfolio securities. Accordingly, the reporting person disclaims direct or indirect beneficial ownership of the RSUs and underlying common stock reported herein. |