Susan Shelton - Aug 31, 2023 Form 4 Insider Report for Portillo's Inc. (PTLO)

Role
General Counsel and Secretary
Signature
By: /s/ Susan Shelton
Stock symbol
PTLO
Transactions as of
Aug 31, 2023
Transactions value $
$776
Form type
4
Date filed
9/5/2023, 05:00 PM
Previous filing
Dec 28, 2022
Next filing
Oct 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTLO Class A common stock Award $809 +49 +0.3% $16.51 16.4K Aug 31, 2023 Direct F1
transaction PTLO Class A common stock Tax liability -$33 -2 -0.01% $16.51 16.4K Aug 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 June 1, 2023 to August 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 August 31, 2023.
F2 Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.