Michael Osanloo - May 2, 2024 Form 4 Insider Report for Portillo's Inc. (PTLO)

Role
President & CEO, Director
Signature
By: /s/ Kelly M. Kaiser, as attorney-in-fact for Michael Osanloo
Stock symbol
PTLO
Transactions as of
May 2, 2024
Transactions value $
$0
Form type
4
Date filed
5/6/2024, 04:51 PM
Previous filing
Mar 4, 2024
Next filing
Jun 4, 2024

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 PTLO Stock Option (right to buy) Award $0 +311K $0.00 311K May 2, 2024 Class A common stock 311K $11.94 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options granted pursuant to the Issuer's 2021 Equity Incentive Plan vest in four equal installments on the first four anniversaries of the grant date, subject to continued service on each vesting date, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.