SEC Form 4 · accession 0001275158-18-000100
NOODLES & Co · NDLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David James Boennighausen
Officer — Chief Executive Officer · Director
Period of report
Aug 27, 2018
Accepted (ET)
Aug 29, 2018 · 5:38 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 Stock | Aug 27, 2018 | M | 40,000 | $8.67 | A | 118,261 | D | |
| Class A Common StockF2 | Aug 27, 2018 | S | 40,000 | $11.52 | D | 78,261 | D | |
| Class A Common StockF2 | Aug 27, 2018 | S | 3,096 | $11.52 | D | 75,165 | 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) | $8.67 | Aug 27, 2018 | M | 40,000 | D | Jul 2, 2013 | Dec 27, 2020 | Class A Common Stock | 40,000 | 23,333 | D |
Explanation of responses
- F1These shares were sold in compliance with a trading plan adopted by the reporting person on 7/26/18, pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
- F2The price reported is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $11.45 to $11.55, 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 purchased at each separate price within the range set forth in this disclosure.