| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NDLS | Class A Common Stock | Award | $0 | +94.3K | +57.61% | $0.00 | 258K | Mar 14, 2023 | Direct | F1 |
| transaction | NDLS | Class A Common Stock | Tax liability | -$81.9K | -16.1K | -6.24% | $5.09 | 242K | Mar 14, 2023 | Direct | F2 |
| transaction | NDLS | Class A Common Stock | Award | $0 | +87.5K | +36.17% | $0.00 | 329K | Mar 14, 2023 | Direct | F3 |
| transaction | NDLS | Class A Common Stock | Tax liability | -$128K | -25.2K | -7.64% | $5.09 | 304K | Mar 14, 2023 | Direct | F4 |
| Id | Content |
|---|---|
| F1 | Award of Restricted Stock Units ("RSU's").Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSU's vest in four equal installments beginning on March 14th, 2024. |
| F2 | Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of Restricted Stock Units from grants in March of 2020, 2021 and 2022. The shares surrendered were valued based on the closing price of the common stock of the Issuer on the date of surrender. |
| F3 | On March 14th, 2020, 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. |
| F4 | 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. |