Heidman Melissa 4
4 · NOODLES & Co · Filed Mar 15, 2023
Insider Transaction Report
Form 4
NOODLES & CoNDLS
Heidman Melissa
EVP & General Counsel
Transactions
- Tax Payment
Class A Common Stock
2023-03-14$5.09/sh−4,644$23,638→ 99,278 total - Award
Class A Common Stock
2023-03-14+27,504→ 103,922 total - Award
Class A Common Stock
2023-03-14+25,513→ 124,791 total - Tax Payment
Class A Common Stock
2023-03-14$5.09/sh−7,697$39,178→ 117,094 total
Footnotes (4)
- [F1]Award of Restricted Stock Units ("RSU's").Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSU's vest in four equal installments beginning on March 14, 2024.
- [F2]Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of Restricted Stock Units from grants in March of 2020, 2021 and 2022. The shares surrendered were valued based on the closing price of the common stock of the Issuer on the date of surrender.
- [F3]On March 14th, 2020, the Reporting Person was granted Performance Share Units ("PSUs"), the vesting of which is subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria.
- [F4]Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of PSUs. The shares were valued based on the closing price of the common stock of the Issuer on the date of surrender.