0001871509-22-000073.txt : 20221114 0001871509-22-000073.hdr.sgml : 20221114 20221114171432 ACCESSION NUMBER: 0001871509-22-000073 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221111 FILED AS OF DATE: 20221114 DATE AS OF CHANGE: 20221114 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Scarpino Nicholas Anthony CENTRAL INDEX KEY: 0001887459 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40951 FILM NUMBER: 221387609 MAIL ADDRESS: STREET 1: C/O PORTILLO'S HOT DOGS, LLC STREET 2: 2001 SPRING ROAD, SUITE 400 CITY: OAK BROOK STATE: IL ZIP: 60523-1903 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Portillo's Inc. CENTRAL INDEX KEY: 0001871509 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 871104304 STATE OF INCORPORATION: DE FISCAL YEAR END: 1225 BUSINESS ADDRESS: STREET 1: C/O THE PORTILLO RESTAURANT GROUP STREET 2: 2001 SPRING ROAD, SUITE 400 CITY: OAK BROOK STATE: IL ZIP: 60523-1903 BUSINESS PHONE: (630) 954-3773 MAIL ADDRESS: STREET 1: C/O THE PORTILLO RESTAURANT GROUP STREET 2: 2001 SPRING ROAD, SUITE 400 CITY: OAK BROOK STATE: IL ZIP: 60523-1903 4 1 wf-form4_166846402772183.xml FORM 4 X0306 4 2022-11-11 0 0001871509 Portillo's Inc. PTLO 0001887459 Scarpino Nicholas Anthony C/O PORTILLO'S INC. 2001 SPRING ROAD, SUITE 400 OAK BROOK IL 60523 0 1 0 0 SVP Marketing & Off-Premises Class A common stock 2022-11-11 4 M 0 21500 3.30 A 31155 D Class A common stock 2022-11-11 4 S 0 21500 25.38 D 9655 D Stock Option (right to buy) 3.3 2022-11-11 4 M 0 21500 0 D 2025-01-05 Class A common stock 21500.0 78349 D The transactions reported on this Form 4 were all effected pursuant to 10b5-1 trading plan entered into on September 7, 2022. 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 $25.00 to $25.81, 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. By: /s/ Susan Shelton, as attorney-in-fact for Nick Scarpino 2022-11-14