NDLS

SEC source: 0001140361-18-025989 · form4.xml · nonDerivative · entry 1

PUBLIC SECTOR PENSION INVESTMENT BOARD · CIK 0001396318 · 10% owner

Argentia Private Investments Inc. · CIK 0001579903 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 8,281,849

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Not applicable.

F2 · ownership.nature: Shares are owned directly by Argentia Private Investments Inc., which is a wholly owned subsidiary of Public Sector Pension Investment Board ("PSPIB"). PSPIB is an indirect beneficial owner of the reported securities.

F3 · ownership.nature: Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.

SEC source: 0001275158-18-000051 · wf-form4_152659320678809.xml · nonDerivative · entry 1

MADSEN ANDREW H · CIK 0001170840 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,960

F1 · shares: Grant of Restricted Stock Units ("RSUs") to Andrew Madsen, a member of Noodles & Company's (the "Company") board of directors. The RSUs constitute half of Mr. Madsen's annual compensation for serving as a director, and the number of RSUs was determined based on the closing price of the Company's Class A common stock on the date of the grant. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant.

SEC source: 0001275158-18-000050 · wf-form4_152659318902538.xml · nonDerivative · entry 1

JONES JEFFREY W · CIK 0001265321 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,578

F1 · shares: Grant of Restricted Stock Units ("RSUs") to Jeffrey Jones, a member of Noodles & Company's (the "Company") board of directors. The RSUs constitute half of Mr. Jones' annual compensation for serving as a director, and the number of RSUs was determined based on the closing price of the Company's Class A common stock on the date of grant. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant.

SEC source: 0001275158-18-000049 · wf-form4_152659316816046.xml · nonDerivative · entry 1

Hartnett Robert M. · CIK 0001680495 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,258

F1 · shares: Grant of Restricted Stock Units ("RSUs") to Robert Hartnett, a member of Noodles & Company's (the "Company") board of directors. The RSUs constitute half of Mr. Hartnett's annual compensation for serving as a director, and the number of RSUs was determined based on the closing price of the Company's Class A common stock on the date of the grant. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant.

SEC source: 0001275158-18-000048 · wf-form4_152659310256564.xml · nonDerivative · entry 1

Egan Mary · CIK 0001713652 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,960

F1 · shares: Grant of Restricted Stock Units ("RSUs") to Mary Egan, a member of Noodles & Company's (the "Company") board of directors. The RSUs constitute half of Ms. Egan's annual compensation for serving as a director, and the number of RSUs was determined based on the closing price of the Company's Class A common stock on the date of the grant. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant.

SEC source: 0001275158-18-000047 · wf-form4_152659308329615.xml · nonDerivative · entry 1

Dahnke Scott Arnold · CIK 0001545446 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 29,702

F1 · kind: This grant is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-3(d) of the Exchange Act, as the Restricted Stock Units ("RSUs") were granted pursuant to a plan approved by the board of directors of Noodles & Company (the "Company").

F2 · shares: Grant of RSUs to Catterton Management Company, L.L.C., constituting half of Scott Dahnke's and Andrew Taub's annual compensation for serving as members of the Company's board of directors, which Mr. Dahnke and Mr. Taub were legally obligated to direct to Catterton Management Company, L.L.C. Mr. Taub has no direct pecuniary interest in the shares. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant. Mr. Dahnke may be deemed to share voting and dispositive power with respect to the securities held by Catterton Management Company, L.L.C. Mr. Dahnke expressly disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.

F2 · ownership.nature: Grant of RSUs to Catterton Management Company, L.L.C., constituting half of Scott Dahnke's and Andrew Taub's annual compensation for serving as members of the Company's board of directors, which Mr. Dahnke and Mr. Taub were legally obligated to direct to Catterton Management Company, L.L.C. Mr. Taub has no direct pecuniary interest in the shares. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant. Mr. Dahnke may be deemed to share voting and dispositive power with respect to the securities held by Catterton Management Company, L.L.C. Mr. Dahnke expressly disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.

SEC source: 0001140361-18-024701 · form4.xml · nonDerivative · entry 1

PUBLIC SECTOR PENSION INVESTMENT BOARD · CIK 0001396318 · 10% owner

Argentia Private Investments Inc. · CIK 0001579903 · 10% owner

Dufresne Francois · CIK 0001668902 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 6,759,751

F1 · kind: This grant to Francois Dufresne is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-3(d) of the Exchange Act, as the Restricted Stock Units ("RSUs") were granted pursuant to a plan approved by the board of directors of Noodles & Company (the "Company").

F2 · shares: Mr. Dufresne is legally obligated to direct the shares to Argentia Private Investments Inc. Mr. Dufresne has no direct pecuniary interest in the shares. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant.

F3 · price: Not applicable.

F4 · ownership.nature: Shares are owned directly by Argentia Private Investments Inc., which is a wholly owned subsidiary of Public Sector Pension Investment Board ("PSPIB"). PSPIB is an indirect beneficial owner of the reported securities.

F5 · ownership.nature: Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.

SEC source: 0001209191-18-031399 · doc4.xml · nonDerivative · entry 1

Mill Road Capital II, L.P. · CIK 0001550729 · 10% owner

Mill Road Capital II GP LLC · CIK 0001550728 · 10% owner

LYNCH THOMAS E · CIK 0001244666 · Director · 10% owner

Scharfman Scott · CIK 0001435257 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 15,792

F1 · kind: Represents the Reporting Persons' acquisition of an indirect pecuniary interest in restricted stock units ("RSUs") granted by the issuer to Mr. Lynch in accordance with Rule 16b-3(d) (as described in transaction code "A") as compensation for serving as a member of the issuer's board of directors. Each RSU represents the right to receive one share of the issuer's Class A common stock, and the RSUs were fully vested on the date of grant. Pursuant to a pre-existing contractual obligation, Mill Road Capital Management, LLC, an affiliate of the Reporting Persons that does not have Section 13(d) beneficial ownership of any securities of the issuer, has the right to receive the economic benefit of the reported shares and, accordingly, Mr. Lynch has no direct pecuniary interest in such shares. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.

F1 · ownership.nature: Represents the Reporting Persons' acquisition of an indirect pecuniary interest in restricted stock units ("RSUs") granted by the issuer to Mr. Lynch in accordance with Rule 16b-3(d) (as described in transaction code "A") as compensation for serving as a member of the issuer's board of directors. Each RSU represents the right to receive one share of the issuer's Class A common stock, and the RSUs were fully vested on the date of grant. Pursuant to a pre-existing contractual obligation, Mill Road Capital Management, LLC, an affiliate of the Reporting Persons that does not have Section 13(d) beneficial ownership of any securities of the issuer, has the right to receive the economic benefit of the reported shares and, accordingly, Mr. Lynch has no direct pecuniary interest in such shares. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.

SEC source: 0001275158-18-000056 · wf-form4a_152728060852403.xml · nonDerivative · entry 1

Dahnke Scott Arnold · CIK 0001545446 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 35,078

F1 · kind: This grant is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-3(d) of the Exchange Act, as the Restricted Stock Units ("RSUs") were granted pursuant to a plan approved by the board of directors of Noodles & Company (the "Company").

F2 · shares: Grant of RSUs to Catterton Management Company, L.L.C., constituting half of Scott Dahnke's and Andrew Taub's annual compensation for serving as members of the Company's board of directors, which Mr. Dahnke and Mr. Taub were legally obligated to direct to Catterton Management Company, L.L.C. Mr. Taub has no direct pecuniary interest in the shares. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant. Mr. Dahnke may be deemed to share voting and dispositive power with respect to the securities held by Catterton Management Company, L.L.C. Mr. Dahnke expressly disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.

F3 · shares: This amended Form 4 is filed to correct an administrative error in the reported amount of securities acquired. The amount of securities beneficially owned following the reported transaction has been updated accordingly.

F2 · ownership.nature: Grant of RSUs to Catterton Management Company, L.L.C., constituting half of Scott Dahnke's and Andrew Taub's annual compensation for serving as members of the Company's board of directors, which Mr. Dahnke and Mr. Taub were legally obligated to direct to Catterton Management Company, L.L.C. Mr. Taub has no direct pecuniary interest in the shares. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant. Mr. Dahnke may be deemed to share voting and dispositive power with respect to the securities held by Catterton Management Company, L.L.C. Mr. Dahnke expressly disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.

SEC source: 0001275158-18-000039 · wf-form4_152650579516927.xml · derivative · entry 5

DAGGETT SUSAN · CIK 0001274215 · Interim Chief Financial Office

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,500

Underlying: Class A Common Stock · 2,500 shares

Expires 2026-08-12

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_date: These options, originally representing the right to buy 10,000 shares of Class A Common Stock, vest in 4 equal annual installments beginning 8/12/2017

SEC source: 0001275158-18-000039 · wf-form4_152650579516927.xml · nonDerivative · entry 4

DAGGETT SUSAN · CIK 0001274215 · Interim Chief Financial Office

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,000

SEC source: 0001275158-18-000039 · wf-form4_152650579516927.xml · nonDerivative · entry 3

DAGGETT SUSAN · CIK 0001274215 · Interim Chief Financial Office

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,500

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0001275158-18-000039 · wf-form4_152650579516927.xml · nonDerivative · entry 2

DAGGETT SUSAN · CIK 0001274215 · Interim Chief Financial Office

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,000

SEC source: 0001275158-18-000039 · wf-form4_152650579516927.xml · nonDerivative · entry 1

DAGGETT SUSAN · CIK 0001274215 · Interim Chief Financial Office

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,800

SEC source: 0001275158-18-000028 · wf-form4_152581473050253.xml · nonDerivative · entry 1

Lockhart Kathryn Rae · CIK 0001579599 · Vice President & Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,186

F1 · shares: Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of Restricted Stock Units granted to the Reporting Person on May 4, 2016. The shares surrendered were valued based on the closing price of the common stock of the Issuer on the date of surrender.

F2 · balance_after: Includes previously reported shares of common stock underlying Restricted Stock Units granted to the Reporting Person, which are subject to certain vesting conditions.

SEC source: 0001275158-18-000026 · wf-form4_152581453252686.xml · nonDerivative · entry 1

Boennighausen David James · CIK 0001579519 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 66,933

F1 · shares: Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of Restricted Stock Units granted to the Reporting Person on May 4, 2016. The shares surrendered were valued based on the closing price of the common stock of the Issuer on the date of surrender.

F2 · balance_after: Includes previously reported shares of common stock underlying Restricted Stock Units granted to the Reporting Person, which are subject to certain vesting conditions.

SEC source: 0001275158-18-000015 · wf-form4_152106220445175.xml · derivative · entry 2

Hermann Charles · CIK 0001732983 · Chief Brand Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,000

Underlying: Class A Common Stock · 25,000 shares

Expires 2028-03-12

F2 · derivative.exercise_date: These options vest in four equal annual installments beginning on March 12th, 2019.

SEC source: 0001275158-18-000015 · wf-form4_152106220445175.xml · nonDerivative · entry 1

Hermann Charles · CIK 0001732983 · Chief Brand Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,000

F1 · shares: Award of Restricted Stock Units ("RSU's") received on March 12th, 2018. Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSU's vest in four equal installments beginning on March 12th, 2019.

SEC source: 0001275158-18-000006 · wf-form4_151631490774027.xml · derivative · entry 2

WEST THOMAS B · CIK 0001716280 · EVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,000

Underlying: Class A Common Stock · 20,000 shares

Expires 2028-01-16

F2 · derivative.exercise_date: These options vest in four equal annual installments beginning on June 30th, 2018.

SEC source: 0001275158-18-000006 · wf-form4_151631490774027.xml · nonDerivative · entry 1

WEST THOMAS B · CIK 0001716280 · EVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,000

F1 · shares: Award of Restricted Stock Units ("RSUs") received on January 16th, 2018. Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSUs vest in four equal annual installments beginning on June 30th, 2018.

SEC source: 0001275158-18-000007 · wf-form4_151631492450879.xml · derivative · entry 2

DAGGETT SUSAN · CIK 0001274215 · Interim Chief Financial Office

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,000

Underlying: Class A Common Stock · 15,000 shares

Expires 2028-01-16

F2 · derivative.exercise_date: These options vest in four equal annual installments beginning on June 30th, 2018.

SEC source: 0001275158-18-000007 · wf-form4_151631492450879.xml · nonDerivative · entry 1

DAGGETT SUSAN · CIK 0001274215 · Interim Chief Financial Office

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,000

F1 · shares: Award of Restricted Stock Units ("RSUs") received on January 16th, 2018. Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSUs vest in four equal annual installments beginning on June 30th, 2018.

SEC source: 0001275158-18-000005 · wf-form4_151631489220347.xml · nonDerivative · entry 1

Boennighausen David James · CIK 0001579519 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,000

F1 · shares: Award of Restricted Stock Units ("RSUs") received on January 16th, 2018. Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSUs vest in four equal annual installments beginning on June 30th, 2018.

SEC source: 0001275158-18-000008 · wf-form4_151631494063926.xml · derivative · entry 2

Lockhart Kathryn Rae · CIK 0001579599 · Vice President & Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,000

Underlying: Class A Common Stock · 10,000 shares

Expires 2028-01-16

F2 · derivative.exercise_date: These options vest in four equal annual installments beginning on June 30th, 2018.

SEC source: 0001275158-18-000008 · wf-form4_151631494063926.xml · nonDerivative · entry 1

Lockhart Kathryn Rae · CIK 0001579599 · Vice President & Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,000

F1 · shares: Award of Restricted Stock Units ("RSUs") received on January 16th, 2018. Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSUs vest in four equal annual installments beginning on June 30th, 2018.

SEC source: 0001275158-17-000100 · wf-form4_150637621593749.xml · derivative · entry 3

Boennighausen David James · CIK 0001579519 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Class A Common Stock · 50,000 shares

Expires not disclosed

F3 · derivative.exercise_price: Each RSU represents a right to receive one share of Noodles & Company's Class A common stock. These restricted stock units are subject to performance-based vesting conditions linked to Noodles & Company's share price for the period of September 21, 2017 through December 31, 2020 (the "Performance Period"). If Noodles & Company's shares attain a $15 per share average closing price for two consecutive calendar quarters or certain price targets are achieved in connection with a change in control during the Performance Period, then 100% of such RSU's granted will vest.

F3 · derivative.exercise_date: Each RSU represents a right to receive one share of Noodles & Company's Class A common stock. These restricted stock units are subject to performance-based vesting conditions linked to Noodles & Company's share price for the period of September 21, 2017 through December 31, 2020 (the "Performance Period"). If Noodles & Company's shares attain a $15 per share average closing price for two consecutive calendar quarters or certain price targets are achieved in connection with a change in control during the Performance Period, then 100% of such RSU's granted will vest.

F3 · derivative.expiration_date: Each RSU represents a right to receive one share of Noodles & Company's Class A common stock. These restricted stock units are subject to performance-based vesting conditions linked to Noodles & Company's share price for the period of September 21, 2017 through December 31, 2020 (the "Performance Period"). If Noodles & Company's shares attain a $15 per share average closing price for two consecutive calendar quarters or certain price targets are achieved in connection with a change in control during the Performance Period, then 100% of such RSU's granted will vest.

SEC source: 0001275158-17-000100 · wf-form4_150637621593749.xml · derivative · entry 2

Boennighausen David James · CIK 0001579519 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,000

Underlying: Class A Common Stock · 100,000 shares

Expires 2027-09-21

F2 · derivative.exercise_date: These options vest 25% per year beginning one year after the transaction date.

SEC source: 0001275158-17-000100 · wf-form4_150637621593749.xml · nonDerivative · entry 1

Boennighausen David James · CIK 0001579519 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,000

F1 · shares: Award of Restricted Stock Units ("RSUs") received on September 21, 2017. Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSUs vest in four equal annual installments beginning on September 21, 2018.

SEC source: 0001275158-17-000081 · wf-form4_149980705476337.xml · derivative · entry 3

MURPHY PAUL J B III · CIK 0001274078 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Class A Common Stock · 50,000 shares

Expires not disclosed

F3 · derivative.exercise_price: Each RSU represents a right to receive one share of Noodles & Company's Class A common stock. These restricted stock unites are subject to performance-based vesting conditions linked to Noodles & Company's share price for the period of July 10, 2017 through December 31, 2020 (the "Performance Period"). If Noodles & Company's shares attain a $15 per share average closing price for two consecutive calendar quarters or certain price targets are achieved in connection with a change in control during the Performance Period, then 100% of such RSU's granted will vest.

F3 · derivative.exercise_date: Each RSU represents a right to receive one share of Noodles & Company's Class A common stock. These restricted stock unites are subject to performance-based vesting conditions linked to Noodles & Company's share price for the period of July 10, 2017 through December 31, 2020 (the "Performance Period"). If Noodles & Company's shares attain a $15 per share average closing price for two consecutive calendar quarters or certain price targets are achieved in connection with a change in control during the Performance Period, then 100% of such RSU's granted will vest.

F3 · derivative.expiration_date: Each RSU represents a right to receive one share of Noodles & Company's Class A common stock. These restricted stock unites are subject to performance-based vesting conditions linked to Noodles & Company's share price for the period of July 10, 2017 through December 31, 2020 (the "Performance Period"). If Noodles & Company's shares attain a $15 per share average closing price for two consecutive calendar quarters or certain price targets are achieved in connection with a change in control during the Performance Period, then 100% of such RSU's granted will vest.

SEC source: 0001275158-17-000081 · wf-form4_149980705476337.xml · derivative · entry 2

MURPHY PAUL J B III · CIK 0001274078 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,000

Underlying: Class A Common Stock · 100,000 shares

Expires 2027-07-10

F2 · derivative.exercise_date: These options vest 25% per year beginning one year after the transaction date.

SEC source: 0001275158-17-000081 · wf-form4_149980705476337.xml · nonDerivative · entry 1

MURPHY PAUL J B III · CIK 0001274078 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 150,000

F1 · shares: Award of Restricted Stock Units ("RSUs") received on July 10, 2017. Each RSU represents a right to receive one share of Noodles & Company Class A common stock. The RSUs vest in four equal annual installments beginning on July 10, 2018.

SEC source: 0001680495-17-000002 · wf-form4_149790519181575.xml · nonDerivative · entry 2

Hartnett Robert M. · CIK 0001680495 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,882

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.42 to $3.60, inclusive. The reporting person undertakes to provide to Noodles & Company, any security holder of Noodles & Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within this range.

SEC source: 0001680495-17-000002 · wf-form4_149790519181575.xml · nonDerivative · entry 1

Hartnett Robert M. · CIK 0001680495 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,682

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.47 to $3.60, inclusive. The reporting person undertakes to provide to Noodles & Company, any security holder of Noodles & Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within this range.

SEC source: 0001140361-17-020890 · form4.xml · nonDerivative · entry 1

PUBLIC SECTOR PENSION INVESTMENT BOARD · CIK 0001396318 · 10% owner

Argentia Private Investments Inc. · CIK 0001579903 · 10% owner

Dufresne Francois · CIK 0001668902 · Director

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 6,754,375

F1 · kind: This grant to Francois Dufresne is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-3(d) of the Exchange Act, as the Restricted Stock Units ("RSUs") were granted pursuant to a plan approved by the board of directors of Noodles & Company (the "Company").

F2 · shares: Mr. Dufresne is legally obligated to direct the shares to Argentia Private Investments Inc. Mr. Dufresne has no direct pecuniary interest in the shares. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant.

F3 · price: Not applicable.

F4 · ownership.nature: Shares are owned directly by Argentia Private Investments Inc., which is a wholly owned subsidiary of Public Sector Pension Investment Board ("PSPIB"). PSPIB is an indirect beneficial owner of the reported securities.

F5 · ownership.nature: Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.

SEC source: 0001209191-17-032346 · doc4.xml · nonDerivative · entry 1

Mill Road Capital II, L.P. · CIK 0001550729 · Director · 10% owner

Mill Road Capital II GP LLC · CIK 0001550728 · 10% owner

LYNCH THOMAS E · CIK 0001244666 · Director · 10% owner

Scharfman Scott · CIK 0001435257 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,416

F1 · ownership.direct: Grant of Restricted Stock Units ("RSUs") to Mr. Lynch as compensation for serving as a member of the issuer's board of directors. Each RSU represents the right to receive one share of the issuer's Class A common stock, and the RSUs were fully vested on the date of grant. The right to receive the economic value of the RSUs has been assigned to Mill Road Capital Management LLC, an affiliate of the Reporting Persons. Mill Road Capital Management LLC does not have beneficial ownership of such shares. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.

SEC source: 0001275158-17-000067 · wf-form4_149488269701103.xml · nonDerivative · entry 1

JONES JEFFREY W · CIK 0001265321 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,202

F1 · shares: Grant of Restricted Stock Units ("RSUs") to Jeffrey Jones, a member of Noodles & Company's (the "Company") board of directors. The RSUs constitute half of Mr. Jones' annual compensation for serving as a director, and the number of RSUs was determined based on the closing price of the Company's Class A common stock on the date of grant. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant.

SEC source: 0001275158-17-000066 · wf-form4_149488266418947.xml · nonDerivative · entry 1

Hartnett Robert M. · CIK 0001680495 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,882

F1 · shares: Grant of Restricted Stock Units ("RSUs") to Robert Hartnett, a member of Noodles & Company's (the "Company") board of directors. The RSUs constitute half of Mr. Hartnett's annual compensation for serving as a director, and the number of RSUs was determined based on the closing price of the Company's Class A common stock on the date of the grant. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant.

SEC source: 0001275158-17-000065 · wf-form4_149488262467356.xml · nonDerivative · entry 1

Dahnke Scott Arnold · CIK 0001545446 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 24,326

F1 · kind: This grant is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-3(d) of the Exchange Act, as the Restricted Stock Units ("RSUs") were granted pursuant to a plan approved by the board of directors of Noodles & Company (the "Company").

F2 · shares: Grant of RSUs to Catterton Management Company, L.L.C., constituting half of Scott Dahnke's and Andrew Taub's annual compensation for serving as members of the Company's board of directors, which Mr. Dahnke and Mr. Taub were legally obligated to direct to Catterton Management Company, L.L.C. Mr. Taub has no direct pecuniary interest in the shares. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant. Mr. Dahnke may be deemed to share voting and dispositive power with respect to the securities held by Catterton Management Company, L.L.C. Mr. Dahnke expressly disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.

F2 · ownership.nature: Grant of RSUs to Catterton Management Company, L.L.C., constituting half of Scott Dahnke's and Andrew Taub's annual compensation for serving as members of the Company's board of directors, which Mr. Dahnke and Mr. Taub were legally obligated to direct to Catterton Management Company, L.L.C. Mr. Taub has no direct pecuniary interest in the shares. Each RSU represents the right to receive one share of the Company's Class A common stock, and the RSUs settled in shares of the Company's Class A common stock on the date of the grant. Mr. Dahnke may be deemed to share voting and dispositive power with respect to the securities held by Catterton Management Company, L.L.C. Mr. Dahnke expressly disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.

SEC source: 0001275158-17-000050 · wf-form4_149428166796451.xml · nonDerivative · entry 1

Lockhart Kathryn Rae · CIK 0001579599 · Vice President & Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,493

F1 · shares: Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of Restricted Stock Units granted to the Reporting Person on May 4, 2016. The shares surrendered were valued based on the closing price of the common stock of the Issuer on the date of surrender.

F2 · balance_after: Includes previously reported shares of common stock underlying Restricted Stock Units granted to the Reporting Person, which are subject to certain vesting conditions.

SEC source: 0001275158-17-000049 · wf-form4_149428164728973.xml · nonDerivative · entry 1

Strasen Paul Allen · CIK 0001579558 · EVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,215

F1 · shares: Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of Restricted Stock Units granted to the Reporting Person on May 4, 2016. The shares surrendered were valued based on the closing price of the common stock of the Issuer on the date of surrender.

F2 · balance_after: Includes previously reported shares of common stock underlying Restricted Stock Units granted to the Reporting Person, which are subject to certain vesting conditions.

SEC source: 0001275158-17-000048 · wf-form4_149428163087217.xml · nonDerivative · entry 1

Boennighausen David James · CIK 0001579519 · Director · Interim CEO and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,253

F1 · shares: Represents shares surrendered to the Issuer by the Reporting Person to pay required tax withholdings due upon vesting of Restricted Stock Units granted to the Reporting Person on May 4, 2016. The shares surrendered were valued based on the closing price of the common stock of the Issuer on the date of surrender.

F2 · balance_after: Includes previously reported shares of common stock underlying Restricted Stock Units granted to the Reporting Person, which are subject to certain vesting conditions.

SEC source: 0001104659-17-023095 · a4.xml · derivative · entry 2

Catterton-Noodles, LLC · CIK 0001580004 · 10% owner

CP6 Management, L.L.C. · CIK 0001555549 · 10% owner

Dahnke Scott Arnold · CIK 0001545446 · Director · 10% owner

Chu James Michael · CIK 0001544498 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 4,252,873 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Pursuant to its rights under the Securities Purchase Agreement by and among the Company and Catterton-Noodles, LLC ("Catterton Noodles"), the Company issued a conversion notice causing all shares of Series A Convertible Preferred Stock ("Preferred Stock") held by Catterton Noodles to be automatically converted into shares of the Company's Class A Common Stock, effective April 12, 2017. Each share of Preferred Stock is convertible at a conversion price of $4.35, or approximately 229.8850 shares of Class A Common Stock per share of Preferred Stock.

F4 · price: Not applicable.

F3 · derivative.expiration_date: The shares of Preferred Stock have no expiration date.

F2 · ownership.direct: The securities reported on this Form 4 are held of record by Catterton Noodles. CP6 Management, L.L.C. ("CP6") is the manager of Catterton Noodles. The management of CP6 is controlled by a management board. J. Michael Chu and Scott A. Dahnke are the members of the management board of CP6.

SEC source: 0001104659-17-023095 · a4.xml · nonDerivative · entry 1

Catterton-Noodles, LLC · CIK 0001580004 · 10% owner

CP6 Management, L.L.C. · CIK 0001555549 · 10% owner

Dahnke Scott Arnold · CIK 0001545446 · Director · 10% owner

Chu James Michael · CIK 0001544498 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,087,757

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Pursuant to its rights under the Securities Purchase Agreement by and among the Company and Catterton-Noodles, LLC ("Catterton Noodles"), the Company issued a conversion notice causing all shares of Series A Convertible Preferred Stock ("Preferred Stock") held by Catterton Noodles to be automatically converted into shares of the Company's Class A Common Stock, effective April 12, 2017. Each share of Preferred Stock is convertible at a conversion price of $4.35, or approximately 229.8850 shares of Class A Common Stock per share of Preferred Stock.

F2 · ownership.direct: The securities reported on this Form 4 are held of record by Catterton Noodles. CP6 Management, L.L.C. ("CP6") is the manager of Catterton Noodles. The management of CP6 is controlled by a management board. J. Michael Chu and Scott A. Dahnke are the members of the management board of CP6.

SEC source: 0001104659-17-007860 · a4.xml · derivative · entry 2

Catterton-Noodles, LLC · CIK 0001580004 · 10% owner

Dahnke Scott Arnold · CIK 0001545446 · Director · 10% owner

Chu James Michael · CIK 0001544498 · 10% owner

CP6 Management, L.L.C. · CIK 0001555549 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Catterton-Noodles, LLC

Disclosed balance after: 1,913,792

Underlying: Class A Common Stock · 1,913,792 shares

Expires 2022-02-09

F2 · kind: On February 8, 2017, Noodles & Company and Catterton-Noodles, LLC ("Catterton Noodles") entered into a Securities Purchase Agreement, pursuant to which Catterton Noodles acquired the securities reported on this Form 4.

F4 · ownership.direct: The securities reported on this Form 4 are held of record by Catterton Noodles. CP Management 6, L.L.C. ("CP6") is the manager of Catterton Noodles. The management of CP6 is controlled by a managing board. J. Michael Chu and Scott A. Dahnke are the members of the management board of CP6.

SEC source: 0001104659-17-007860 · a4.xml · derivative · entry 1

Catterton-Noodles, LLC · CIK 0001580004 · 10% owner

Dahnke Scott Arnold · CIK 0001545446 · Director · 10% owner

Chu James Michael · CIK 0001544498 · 10% owner

CP6 Management, L.L.C. · CIK 0001555549 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Catterton-Noodles, LLC

Disclosed balance after: 4,252,873

Underlying: Class A Common Stock · 4,252,873 shares

Expires not disclosed

F1 · derivative.exercise_price: Each share of Series A Convertible Preferred Stock is convertible at any time at a conversion price of $4.35, or approximately 229.8850 shares of Class A Common Stock per share of Series A Convertible Preferred Stock.

F2 · kind: On February 8, 2017, Noodles & Company and Catterton-Noodles, LLC ("Catterton Noodles") entered into a Securities Purchase Agreement, pursuant to which Catterton Noodles acquired the securities reported on this Form 4.

F3 · derivative.expiration_date: The shares of Series A Convertible Preferred Stock have no expiration date.

F4 · ownership.direct: The securities reported on this Form 4 are held of record by Catterton Noodles. CP Management 6, L.L.C. ("CP6") is the manager of Catterton Noodles. The management of CP6 is controlled by a managing board. J. Michael Chu and Scott A. Dahnke are the members of the management board of CP6.