Lecocq Daniel 4
4 · POTBELLY CORP · Filed Jan 6, 2021
Insider Transaction Report
Form 4
POTBELLY CORPPBPB
Lecocq Daniel
SVP, Franchise & Corp Develop
Transactions
- Exercise/Conversion
Common Stock
2020-12-09+11,878→ 136,787 total - Sale
Common Stock
2020-12-18$4.86/sh−4,662$22,668→ 132,125 total - Exercise/Conversion
Performance Stock Units
2020-12-09−11,878→ 23,755 totalExp: 2025-05-15→ Common Stock (11,878 underlying)
Footnotes (2)
- [F1]Each performance stock unit represented a contingent right to receive one share of Potbelly Corporation common stock upon the Potbelly Corporation common stock achieving a specified market price target.
- [F2]Represents shares automatically sold pursuant to an irrevocable sell to cover election to satisfy tax withholding obligations in connection with the vesting of 11,878 shares of performance stock units from a June 24, 2020 grant of 47,511 shares of performance stock units. The shares were sold at a range of between $4.86 and $4.925 per share. The price represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.