Filing Details

Accession Number:
0001209191-22-032889
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-31 17:11:18
Reporting Period:
2022-05-27
Accepted Time:
2022-05-31 17:11:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1871509 Portillo's Inc. PTLO Retail-Eating Places (5812) 871104304
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1886715 Francine Jill Waite C/O Portillo'S Inc.
2001 Spring Road, Suite 400
Oak Brook IL 60523
Chief Human Resources Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2022-05-27 44,614 $4.30 66,514 No 4 M Direct
Class A Common Stock Disposition 2022-05-27 44,614 $19.10 21,900 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (right to buy) Disposition 2022-05-27 44,614 $0.00 44,614 $4.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
178,456 2029-08-07 No 4 M Direct
Footnotes
  1. Represents the exercise of vested and exercisable options previously granted on 8/7/2019 pursuant to the Issuer's 2014 Equity Incentive Plan, which were substituted for options to purchase shares of Class A common stock under the Issuer's 2021 Equity Incentive Plan in connection with the Issuer's initial public offering.
  2. Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.32, 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 sold at each separate price within the aforementioned range.