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

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PTLO	Stock Option (right to buy)	Award	$0	+311,042		$0.000000	311,042	02 May 2024	Class A common stock	311,042	$11.94	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Stock options granted pursuant to the Issuer's 2021 Equity Incentive Plan vest in four equal installments on the first four anniversaries of the grant date, subject to continued service on each vesting date, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.