Michael K. Ellis - 02 May 2024 Form 4 Insider Report for Portillo's Inc. (PTLO)

Signature
/s/ Kelly M. Kaiser, as attorney-in-fact for Michael K. Ellis
Issuer symbol
PTLO
Transactions as of
02 May 2024
Net transactions value
+$224,997
Form type
4
Filing time
06 May 2024, 16:49:07 UTC
Previous filing
31 Aug 2023
Next filing
03 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PTLO Class A common stock Award $224,997 +18,844 +136% $11.94 32,693 02 May 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units subject to time-based vesting granted on May 2, 2024, one-third of which vest on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.

Remarks:

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