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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1195734	Potbelly Corp	PBPB	Retail-Eating Places (5812)	364466837

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1587652	A Vann Avedisian	C/O Potbelly Corporation 222 Merchandise Mart Plaza, 23Rd Floor Chicago IL 60654		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2015-02-20	30,000	$15.33	160,449	No	4	S	Indirect	by: Vann A. Avedisian Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	by: Vann A. Avedisian Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,004,724	Indirect	See Footnote
Common Stock	2,592	Indirect	By: Armen G. Avedisian Trust
Common Stock	348	Indirect	by: Daughter
Common Stock	348	Indirect	by: Son
Common Stock	2,558	Direct

Footnotes

The Common Stock reported herein as being sold were sold at a range of between $15.25 and $15.46 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
Includes 875,664 shares held by Oxford Blackpoint Venture Partners VII, LLC ("Oxford Blackpoint") and 129,060 shares held by Concorde Holdings IX, LLC ("Concorde"). Oxford Blackpoint is an investment fund managed by Oxford Capital Partners, Inc. ("Oxford Capital"). Mr. Avedisian is co-owner of Oxford Capital and co-owner of Concorde. Accordingly, Mr. Avedisian may be deemed to share power to vote and dispose of shares owned directly by such entities. Mr. Avedisian disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Mr. Avedisian is the trustee of the Armen G. Avedisian Trust (the "AGA Trust"). Accordingly, Mr. Avedisian may be deemed to have the power to vote and dispose of shares owned directly by the AGA Trust. Mr. Avedisian disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.