Robert D. Wright - Jan 23, 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 23, 2025
Transactions value $
-$112,011
Form type
4
Date filed
1/27/2025, 04:30 PM
Previous filing
Jan 6, 2025
Next filing
Feb 4, 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 Options Exercise +23.5K +3.01% 803K Jan 23, 2025 Direct F1
transaction PBPB Common Stock Tax liability -$112K -9.39K -1.17% $11.93 793K Jan 23, 2025 Direct F2

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 Options Exercise $0 -23.5K -50% $0.00 23.5K Jan 23, 2025 Common Stock 23.5K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 23, 2025, 23,479 of the Reporting Person's price performance stock units granted on January 2, 2025 vested.
F2 Shares withheld for payment of tax liability upon vesting of the price performance stock units.
F3 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.