Cirulis Steven 4
4 · POTBELLY CORP · Filed Apr 8, 2025
Insider Transaction Report
Form 4
POTBELLY CORPPBPB
Cirulis Steven
SVP, Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2025-04-04$9.81/sh−17,865$175,256→ 400,671 total - Award
Common Stock
2024-04-05+20,930→ 357,562 total - Tax Payment
Common Stock
2025-04-07$9.05/sh−3,256$29,467→ 395,371 total - Exercise/Conversion
Common Stock
2025-04-04+60,974→ 418,536 total - Tax Payment
Common Stock
2025-04-05$8.82/sh−2,044$18,028→ 398,627 total - Award
Common Stock
2025-04-07+22,099→ 417,470 total - Exercise/Conversion
Performance Stock Units
2025-04-04−30,487→ 0 total→ Common Stock (30,487 underlying) - Award
Performance Stock Units
2024-04-05+20,930→ 20,930 total→ Common Stock (20,930 underlying) - Award
Performance Stock Units
2025-04-07+22,099→ 22,099 total→ Common Stock (22,099 underlying)
Footnotes (8)
- [F1]Represents restricted stock units and performance stock units granted to the Reporting Person on April 5, 2024 which were inadvertently not reported when granted.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. These restricted stock units vest in equal installments on April 5, 2025, April 5, 2026 and April 5, 2027.
- [F3]Shares withheld for payment of tax liability upon vesting of the performance stock units granted on April 1, 2022.
- [F4]Shares withheld for payment of tax liability upon vesting of the restricted stock units granted on April 5, 2024.
- [F5]Shares withheld for payment of tax liability upon vesting of the restricted stock units granted on April 7, 2023.
- [F6]Represents an award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. These restricted stock units vest in equal installments on April 7, 2026, April 7, 2027 and April 7, 2028.
- [F7]Represents an award of performance stock units which vest based on performance versus certain metrics as described in the award agreement. Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock
- [F8]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.