Michael Osanloo - 28 Feb 2023 Form 4 Insider Report for Portillo's Inc. (PTLO)

Role
President & CEO, Director
Signature
By: /s/ Susan Shelton, as attorney-in-fact for Michael Osanloo
Issuer symbol
PTLO
Transactions as of
28 Feb 2023
Net transactions value
+$20,573
Form type
4
Filing time
02 Mar 2023, 16:32:34 UTC
Previous filing
28 Dec 2022
Next filing
02 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTLO Class A common stock Award $21,329 +1,043 +0.57% $20.45 183,536 28 Feb 2023 Direct F1
transaction PTLO Class A common stock Tax liability $757 -37 -0.02% $20.45 183,499 28 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of Class A Common Stock purchased pursuant to the Portillo's Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 1, 2022 to February 28, 2023. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of Issuer's Class A Common Stock on February 28, 2023.
F2 Represents shares deducted to satisfy tax withholding obligations in connection with the transaction reported herein.