Lockhart Kathryn Rae 4
4 · NOODLES & Co · Filed Mar 16, 2022
Insider Transaction Report
Form 4
NOODLES & CoNDLS
Lockhart Kathryn Rae
Vice President & Controller
Transactions
- Award
Class A Common Stock
2022-03-14$6.17/sh+8,103$49,996→ 40,457 total - Tax Payment
Class A Common Stock
2022-03-14$6.17/sh−1,941$11,976→ 38,516 total
Footnotes (2)
- [F1]Award of Restricted Stock Units ("RSUs") received on March 14th, 2022. 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 March 14th, 2023.
- [F2]Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of RSUs. The shares surrendered were valued based on the closing price of the common stock of the Issuer on the date of surrender.