Filing Details
- Accession Number:
- 0001871509-24-000107
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-19 16:29:06
- Reporting Period:
- 2024-08-15
- Accepted Time:
- 2024-08-19 16:29:06
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1871509 | Portillo's Inc. | PTLO | Retail-Eating Places (5812) | 871104304 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1887459 | Anthony Nicholas Scarpino | C/O Portillo'S Inc. 2001 Spring Road, Suite 400 Oak Brook IL 60523 | Chief Marketing Officer | No | Yes | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2024-08-15 | 18,373 | $5.45 | 46,823 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-08-15 | 18,373 | $11.86 | 28,450 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2024-08-15 | 73,491 | $3.30 | 101,941 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-08-15 | 73,491 | $11.71 | 28,450 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2024-08-15 | 4,858 | $3.30 | 33,308 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-08-15 | 4,858 | $11.86 | 28,450 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2024-08-15 | 18,373 | $0.00 | 18,373 | $5.45 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2024-08-15 | 73,491 | $0.00 | 73,491 | $3.30 |
| Class A Common Stock | Stock Option (right to buy) | Disposition | 2024-08-15 | 4,858 | $0.00 | 4,858 | $3.30 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2025-01-05 | No | 4 | M | Direct | |
| 4,858 | 2025-01-05 | No | 4 | M | Direct | |
| 0 | 2025-01-05 | No | 4 | M | Direct |
Footnotes
- Represents the exercise of options previously granted on 1/15/2015 pursuant to the Issuer's 2014 Equity Incentive Plan, which were substituted for options to purchase shares of Class A common stock under the Issuer's 2021 Equity Incentive Plan in connection with the Issuer's initial public offering. The options vested in equal annual installments on each of the first five anniversaries of the grant date, and are fully vested.
- Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.66 to $11.80, 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 sold at each separate price within the aforementioned range.
Billionaire Hedge Funds
