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

Role
President & CEO, Director
Signature
By: /s/ Kelly M Kaiser, as attorney-in-fact for Michael Osanloo
Stock symbol
PTLO
Transactions as of
Feb 29, 2024
Transactions value $
$19,973
Form type
4
Date filed
3/4/2024, 06:30 PM
Previous filing
Dec 8, 2023
Next filing
May 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTLO Class A common stock Award $20.8K +1.59K +1.11% $13.08 145K Feb 29, 2024 Direct F1
transaction PTLO Class A common stock Tax liability -$798 -61 -0.04% $13.08 145K Feb 29, 2024 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, 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).