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NOODLES & Co — Director's Dealing 2020
Mar 17, 2020
34809_dirs_2020-03-17_4f8bc284-2837-461a-aa65-929ca98e4ce1.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: 2020-03-14
Reporting Person: WEST THOMAS B (EVP - Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-14 | Class A Common Stock | A | 30918 | — | Acquired | 83079 | Direct |
| 2020-03-14 | Class A Common Stock | A | 30918 | — | Acquired | 113997 | Direct |
Footnotes
F1: Award of Restricted Stock Units ("RSUs") received on March 14th, 2020. Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSUs vest in four equal annual installments beginning on March 14th, 2021.
F2: Award of Performance Restricted Stock Units ("RSUs") received on March 14th, 2020. Each RSU represents a right to receive one share of Noodles & Company's Class A common stock. These restricted stock units are subject to performance-based vesting conditions linked to Noodles & Company's Same Store Sales and Adjusted EBITDA targets through January 3, 2023 (the "Performance Period").