Filing Details

Accession Number:
0001209191-23-021924
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-31 18:04:12
Reporting Period:
2023-03-29
Accepted Time:
2023-03-31 18:04:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1275158 Noodles & Co NDLS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1244666 E Thomas Lynch 382 Greenwich Avenue
Suite One
Greenwich CT 06830
No No Yes No
1550728 Mill Road Capital Ii Gp Llc 382 Greenwich Avenue
Suite One
Greenwich CT 06830
No No Yes No
1550729 Mill Road Capital Ii, L.p. 382 Greenwich Avenue
Suite One
Greenwich CT 06830
No No Yes No
1767178 Mill Road Capital Iii Gp Llc 382 Greenwich Avenue
Suite One
Greenwich CT 06830
No No Yes No
1767199 Mill Road Capital Iii, L.p. 382 Greenwich Avenue
Suite One
Greenwich CT 06830
No No Yes 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, $0.01 Par Value Acquisiton 2023-03-29 5,000 $4.64 1,126,971 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Put Option (obligation to buy) Disposition 2023-03-30 24 $290.00 2,400 $7.50
Class A Common Stock Put Option (obligation to buy) Disposition 2023-03-31 10 $280.00 1,000 $7.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
24 2023-03-30 2023-11-17 No 4 S Direct
10 2023-03-31 2023-11-17 No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock, $0.01 Par Value 4,699,148 Indirect See footnote
Class A Common Stock, $0.01 Par Value 22,386 Indirect See footnote
Footnotes
  1. The shares reported are directly held by Mill Road Capital III, L.P. ("Fund III"). Mr. Lynch is a management committee director of Mill Road Capital III GP LLC, which is the sole general partner of Fund III and has sole authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of Fund III. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.
  2. The shares reported are directly held by Mill Road Capital II, L.P. ("Fund II"). Mr. Lynch is a management committee director of Mill Road Capital II GP LLC, which is the sole general partner of Fund II and has sole authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of Fund II. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.
  3. Represents restricted stock units (or shares issued upon the vesting thereof) granted by the issuer as director compensation, in which theReporting Persons may have an indirect pecuniary interest. Mill Road Capital Management, LLC, an affiliate of the Reporting Persons that doesnot have Section 13(d) beneficial ownership of any securities of the issuer, has the right to receive the economic benefit of the reported sharespursuant to a contractual obligation with the holder of such shares. Each of the Reporting Persons disclaims beneficial ownership of such sharesexcept to the extent of his or its pecuniary interest therein, if any.