Hermann Charles 4
4 · NOODLES & Co · Filed Jul 3, 2018
Insider Transaction Report
Form 4
NOODLES & CoNDLS
Hermann Charles
Chief Brand Officer
Transactions
- Award
Class A Common Stock
2018-06-29+8,130→ 43,130 total - Award
Stock Option (Right to Buy)
2018-06-29+14,419→ 14,419 totalExercise: $12.30Exp: 2028-06-29→ Class A Common Stock (14,419 underlying) - Award
Restricted Stock Units
2018-06-29+7,518→ 7,518 total→ Class A Common Stock (7,518 underlying)
Footnotes (3)
- [F1]Award of Restricted Stock Units ("RSUs") received on June 29th, 2018. Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSUs vest in four equal annual installments beginning on June 29th, 2019.
- [F2]These options vest in four equal annual installments beginning on June 29th, 2019.
- [F3]Each RSU represents a right to receive one share of Noodles & Company's Class A common stock. These restricted stock units are subject to performance-based vesting conditions linked to Noodles & Company's Same Store Sales and Adjusted EBITDA targets through December 31, 2020 (the "Performance Period").