Noyes Adam 4
4 · POTBELLY CORP · Filed May 2, 2024
Insider Transaction Report
Form 4
POTBELLY CORPPBPB
Noyes Adam
SVP, Chief Operating Officer
Transactions
- Exercise/Conversion
Performance Stock Units
2024-04-30−37,815→ 0 total→ Common Stock (37,815 underlying) - Exercise/Conversion
Common Stock
2024-04-30+75,630→ 342,698 total - Tax Payment
Common Stock
2024-04-30$10.63/sh−23,271$247,371→ 319,427 total
Footnotes (2)
- [F1]Shares withheld for payment of tax liability upon vesting of the performance stock units granted on April 26, 2021.
- [F2]Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock. The performance stock units vest based on performance versus certain metrics as described in the award agreement. The performance stock units vested at 200% of the target award amount and were settled in shares of the Issuer's common stock pursuant to the terms of the award agreement.