Susan Beth Shelton - 30 Nov 2023 Form 4 Insider Report for Portillo's Inc. (PTLO)

Signature
By: /s/ Susan Shelton
Issuer symbol
PTLO
Transactions as of
30 Nov 2023
Net transactions value
+$937
Form type
4
Filing time
04 Dec 2023, 16:39:37 UTC
Previous filing
24 Oct 2023
Next filing
04 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTLO Class A common stock Award $965 +69 +0.49% $13.99 14,246 30 Nov 2023 Direct F1
transaction PTLO Class A common stock Tax liability $27.98 -2 -0.01% $13.99 14,244 30 Nov 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 September 1, 2023 to November 30, 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 November 30, 2023.
F2 Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.