SEC Form 4 · accession 0001275158-18-000015
NOODLES & Co · NDLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Hermann
Officer — Chief Brand Officer
Period of report
Mar 12, 2018
Accepted (ET)
Mar 14, 2018 · 5:16 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 | Mar 12, 2018 | A | 35,000 | $0.00 | A | 35,000 | 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 | $6.80 | Mar 12, 2018 | A | 25,000 | A | — | Mar 12, 2028 | Class A Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Award of Restricted Stock Units ("RSU's") received on March 12th, 2018. Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSU's vest in four equal installments beginning on March 12th, 2019.
- F2These options vest in four equal annual installments beginning on March 12th, 2019.