Robert D. Wright - Jan 2, 2025 Form 4 Insider Report for POTBELLY CORP (PBPB)

Role
President and CEO, Director
Signature
/s/ Robert D. Wright
Stock symbol
PBPB
Transactions as of
Jan 2, 2025
Transactions value $
-$49,108
Form type
4
Date filed
1/6/2025, 09:30 PM
Previous filing
Jan 6, 2025
Next filing
Jan 27, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PBPB Common Stock Award $0 +11.7K +1.64% $0.00 726K Jan 2, 2025 Direct F1
transaction PBPB Common Stock Tax liability -$49.1K -5.24K -0.72% $9.37 721K Jan 2, 2025 Direct F2
transaction PBPB Common Stock Award $0 +58.7K +8.15% $0.00 779K Jan 2, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PBPB Price Performance Stock Units Award $0 +47K $0.00 47K Jan 2, 2025 Common Stock 47K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. These restricted stock units vested immediately upon grant.
F2 Shares withheld for payment of tax liability upon vesting of the restricted stock units granted on January 2, 2025.
F3 Represents an award of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. These restricted stock units will vest over three (3) years with one thirty-sixth (1/36) of the restricted stock units vesting on the last day of each month beginning January 31, 2025.
F4 Each price performance stock unit represents a contingent right to receive one share of the Issuer's common stock. The price performance stock units vest, if at all, in two installments upon the Issuer's common stock achieving two specified market price targets.