NOODLES & Co 4
4 · NOODLES & Co · Filed May 15, 2017
Insider Transaction Report
Form 4
NOODLES & CoNDLS
JONES JEFFREY W
Director
Transactions
- Award
Class A Common Stock
2017-05-11+9,615→ 14,202 total
Footnotes (1)
- [F1]Grant of Restricted Stock Units ("RSUs") to Jeffrey Jones, a member of Noodles & Company's (the "Company") board of directors. The RSUs constitute half of Mr. Jones' annual compensation for serving as a director, and the number of RSUs was determined based on the closing price of the Company's Class A common stock on the date of grant. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant.