Jeffrey W. Jones - May 10, 2022 Form 4 Insider Report for NOODLES & Co (NDLS)

Role
Director
Signature
/s/ Melissa Heidman, attorney in fact
Stock symbol
NDLS
Transactions as of
May 10, 2022
Transactions value $
$0
Form type
4
Date filed
5/11/2022, 04:30 PM
Previous filing
Mar 1, 2022
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDLS Class A Common Stock Award $0 +20.4K +23.98% $0.00 105K May 10, 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.