Caroline Miller Oyler - Aug 11, 2021 Form 4 Insider Report for PAPA JOHNS INTERNATIONAL INC (PZZA)

Role: Chief Legal & Risk Officer
Signature: Debra Tate Johnson, by Power of Attorney
Stock symbol: PZZA
Transactions as of: Aug 11, 2021
Transactions value $: -$643,247
Form type: 4
Date filed: 8/13/2021, 04:47 PM
Previous filing: May 12, 2021
Next filing: Nov 10, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PZZA	Common Stock	Options Exercise	$188K	+3.71K	+14.65%	$50.59	29K	Aug 11, 2021	Direct
transaction	PZZA	Common Stock	Sale	-$831K	-6.86K	-23.65%	$121.06	22.2K	Aug 11, 2021	Direct	F1
holding	PZZA	Common Stock						609	Aug 11, 2021	By 401(k) Plan

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	PZZA	Stock Options	Options Exercise	$0	-3.71K	-100%	$0.00^*	0	Aug 11, 2021	Common Stock	3.71K	$50.59	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price in Column 4 is a weighted average price. The prices actually received ranged from $120.82 to $121.45. The reporting person has provided to the issuer and will provide to the SEC staff or a security holder of the issuer, upon request, information regarding the number of shares sold at each price within the range.