Susan Shelton - Feb 29, 2024 Form 4 Insider Report for Portillo's Inc. (PTLO)

Role
General Counsel and Secretary
Signature
/s/ Kelly M Kaiser, as attorney-in-fact for Susan Shelton
Stock symbol
PTLO
Transactions as of
Feb 29, 2024
Transactions value $
$811
Form type
4
Date filed
3/4/2024, 06:29 PM
Previous filing
Dec 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTLO Class A common stock Award $837 +64 +0.45% $13.08 14.3K Feb 29, 2024 Direct F1
transaction PTLO Class A common stock Tax liability -$26 -2 -0.01% $13.08 14.3K Feb 29, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Susan Shelton is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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, 2023 to February 29, 2024. 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 29, 2024.
F2 Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.

Remarks:

Exhibit 24 - Power of Attorney (incorporated herein by reference).