SEC Form 4 · accession 0001275158-16-000150
NOODLES & Co · NDLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victor Robert Heutz Jr.
Officer — Chief Operations Officer
Period of report
Aug 4, 2016
Accepted (ET)
Aug 8, 2016 · 6:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001275158
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Aug 4, 2016 | A | 9,000 | $0.00 | A | 9,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $7.25 | Aug 4, 2016 | A | 35,000 | A | — | Aug 4, 2026 | Class A Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1Award of Restricted Stock Units ("RSUs") received August 4, 2016. 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 August 4, 2017.
- F2These options vest 25% per year beginning one year after the transaction date.