NOODLES & Co — Director's Dealing 2020

Dec 21, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOODLES & Co (NDLS)
CIK: 0001275158
Period of Report: 2020-12-17

Reporting Person: Boennighausen David James (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-17	Class A Common Stock	M	799	$8.67	Acquired	325298	Direct
2020-12-17	Class A Common Stock	S	799	$8.71	Disposed	324499	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-17	Stock Option (Right to Buy)	$8.67	M	799	Disposed	2020-12-27	Class A Common Stock (799.0)	Direct

Footnotes

F1: These shares were sold in compliance with a trading plan adopted by the reporting person on 3/12/20, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.

F2: The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $8.70 to $8.72, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this disclosure.