THOMAS B. WEST - 28 Jun 2022 Form 4 Insider Report for NOODLES & Co (NDLS)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NDLS	Class A Common Stock	Tax liability	$3,644	-756	-0.73%	$4.82	102,839	28 Jun 2022	Direct	F1
transaction	NDLS	Class A Common Stock	Tax liability	$1,804	-388	-0.38%	$4.65	102,451	29 Jun 2022	Direct	F1
transaction	NDLS	Class A Common Stock	Award	$0	+8,910	+8.7%	$0.000000	111,361	29 Jun 2022	Direct	F2
transaction	NDLS	Class A Common Stock	Tax liability	$11,853	-2,549	-2.3%	$4.65	108,812	29 Jun 2022	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of Restricted Stock Units. The shares surrendered were valued based on the most recent closing price of the common stock of the Issuer on the date of surrender.
F2	On June 28th, 2019, the Reporting Person was granted Performance Stock Units ("PSUs"), the vesting of which is subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria.
F3	Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of PSUs. The shares were valued based on the closing price of the common stock of the Issuer on the date of surrender.