Lutzker Joshua Adam bought PTLO

May 2, 2024 · Form 4 insider transaction

Lutzker Joshua Adam bought 18,006 shares of Portillo's Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Acquired (buy-side)
Shares
18,006
Price
$0.00
Total value
N/A
RoleDirector
SecurityClass A Common Stock
Transaction codeA: Grant or award
Transaction dateMay 2, 2024
Filing dateMay 6, 2024
Shares owned after36,739
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Represents restricted stock units ("RSUs") granted to the Reporting Person on May 2, 2024, for his service on the Issuer's board of directors, which will vest in full on December 31, 2024, subject to the Reporting Person's continued service with the Issuer through such vesting date and the terms of the applicable award agreement.; Any securities issued to the Reporting Person for service as a director of the Issuer is held by the Reporting Person for the benefit of funds or entities affiliated with Berkshire Partners LLC ("BP" and such affiliated funds or entities, the "BP Entities"). The Reporting Person disclaims beneficial ownership of such securities, except to the extent of the Reporting Person's pecuniary interest therein, and the inclusion of any securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.; The Reporting Person disclaims beneficial ownership of such securities beneficially owned by any of the BP Entities, except to the extent of the Reporting Person's pecuniary interest therein, and the inclusion of any securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

View the original Form 4 on SEC EDGAR