Derrick Pratt - May 31, 2023 Form 4 Insider Report for Portillo's Inc. (PTLO)

Role
Chief Operating Officer
Signature
By: /s/ Susan Shelton, as attorney-in-fact for Derrick Pratt
Stock symbol
PTLO
Transactions as of
May 31, 2023
Transactions value $
$4,034
Form type
4
Date filed
6/2/2023, 04:38 PM
Previous filing
Mar 2, 2023
Next filing
Sep 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTLO Class A common stock Award $4.15K +207 +0.34% $20.07 60.5K May 31, 2023 Direct F1
transaction PTLO Class A common stock Tax liability -$120 -6 -0.01% $20.07 60.5K May 31, 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 March 1, 2023 to May 31, 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 May 31, 2023.
F2 Represents shares deducted to satisfy tax withholding obligations in connection with the transaction reported herein.