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NOODLES & Co Director's Dealing 2014

Mar 6, 2014

34809_dirs_2014-03-05_aae1bbf9-873e-4a01-85c4-c06f1b8c809f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOODLES & Co (NDLS)
CIK: 0001275158
Period of Report: 2014-03-03

Reporting Person: PUBLIC SECTOR PENSION INVESTMENT BOARD (10% Owner)
Reporting Person: Argentia Private Investments Inc. (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-03 Class A Common Stock C 4770542 Acquired 6742212 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-03-03 Class B Common Stock $ C 4770542 Disposed Class A Common Stock (4770542) Indirect

Footnotes

F1: Not applicable.

F2: Shares are owned directly by Argentia Private Investments Inc., which is a wholly owned subsidiary of Public Sector Pension Investment Board ("PSPIB"). PSPIB is an indirect beneficial owner of the reported securities.

F3: Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.

F4: The Class B Common Stock has no expiration date and is convertible at any time at the election of the holder on a share-for-share basis into Class A Common Stock.