Britain Peakes - Jun 10, 2024 Form 4 Insider Report for NOODLES & Co (NDLS)

Role
Director
Signature
/s/ Melissa Heidman, attorney in fact
Stock symbol
NDLS
Transactions as of
Jun 10, 2024
Transactions value $
$0
Form type
4
Date filed
6/11/2024, 04:19 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDLS Class A Common Stock Award $0 +24.8K +7307.96% $0.00 25.1K Jun 10, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was elected to the Board of Directors and receives a director fee in the form of RSU's. Pursuant to this arrangement, RSU's with a value equal to the fees payable, are delivered to each director. The RSU's settle in common stock on the date of grant.
F2 Consists of (1) 24,774 shares of Common Stock of the Issuer held directly by Britain Peakes, and (2) 339 shares of Common Stock of the Issuer held in the Britain Peakes Rollover IRA.
F3 The Reporting Person is a vice president and investment professional of Hoak and Co. As reported in a Schedule 13D/A filed June 10, 2024 (as amended from time to time, the Schedule 13D), each of Hoak and Co, Hoak Public Equities, LP, Hoak Fund Management, LP, J Hale Hoak, James M Hoak, Jr, Zierk Family 2010 Irrevocable Trust and the Reporting Person (collectively the 13D Reporting Parties) are members of a Schedule 13D reporting group and may be deemed to beneficially own the shares of the Issuers Common Stock owned by other 13D Reporting Parties. The Reporting Person disclaims beneficial ownership of equity securities owned by the other 13D Reporting Parties except to the extent of her pecuniary interest therein. Each 13D Reporting Party disclaims beneficial ownership of all equity securities reported herein except to the extent of its respective pecuniary interest therein.