Mary C. Egan - 10 May 2022 Form 4 Insider Report for NOODLES & Co (NDLS)

Role
Director
Signature
/s/ Dave Boennighausen, attorney in fact
Issuer symbol
NDLS
Transactions as of
10 May 2022
Net transactions value
$0
Form type
4
Filing time
11 May 2022, 16:29:57 UTC
Next filing
26 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDLS Class A Common Stock Award $0 +12,733 +43% $0.000000 42,385 10 May 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is a director of the Issuer and receives a portion of their director fee in the form of RSU's. Pursuant to this arrangement, on an annual basis, RSU's with a value equal to the fees payable, calculated using the closing price on the day of the grant, are delivered to each eligible director. The RSU's settle in common stock on the date of grant.