PTLO

SEC source: 0001871509-24-000114 · wk-form4_1725482022.xml · nonDerivative · entry 1

Waite Jill Francine · CIK 0001886715 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,206

F1 · shares: Includes shares of Class A Common Stock purchased pursuant to the Portillo's Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 1, 2024 to August 31, 2024. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of Issuer's Class A Common Stock on August 30, 2024.

SEC source: 0001871509-24-000111 · wk-form4_1725480954.xml · nonDerivative · entry 2

Ellis Michael K · CIK 0001427740 · Chief Development Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 31,697

F2 · shares: Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.

SEC source: 0001871509-24-000111 · wk-form4_1725480954.xml · nonDerivative · entry 1

Ellis Michael K · CIK 0001427740 · Chief Development Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 31,700

F1 · shares: Includes shares of Class A Common Stock purchased pursuant to the Portillo's Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 1, 2024 to August 31, 2024. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of Issuer's Class A Common Stock on August 30, 2024.

SEC source: 0001871509-24-000109 · wk-form4_1725394609.xml · nonDerivative · entry 1

Ellis Michael K · CIK 0001427740 · Chief Development Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 31,560

F1 · shares: Represents shares deducted to satisfy tax withholding obligations on the vesting of a previously disclosed award.

SEC source: 0001871509-24-000107 · wk-form4_1724099340.xml · derivative · entry 9

Scarpino Nicholas Anthony · CIK 0001887459 · Chief Marketing Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A common stock · 4,858 shares

Expires 2025-01-05

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 · shares: 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.

F1 · derivative.exercise_date: 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.

SEC source: 0001871509-24-000107 · wk-form4_1724099340.xml · derivative · entry 8

Scarpino Nicholas Anthony · CIK 0001887459 · Chief Marketing Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,858

Underlying: Class A common stock · 73,491 shares

Expires 2025-01-05

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 · shares: 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.

F1 · derivative.exercise_date: 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.

SEC source: 0001871509-24-000107 · wk-form4_1724099340.xml · derivative · entry 7

Scarpino Nicholas Anthony · CIK 0001887459 · Chief Marketing Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A common stock · 18,373 shares

Expires 2025-01-05

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 · shares: 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.

F1 · derivative.exercise_date: 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.

SEC source: 0001871509-24-000107 · wk-form4_1724099340.xml · nonDerivative · entry 6

Scarpino Nicholas Anthony · CIK 0001887459 · Chief Marketing Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,450

SEC source: 0001871509-24-000107 · wk-form4_1724099340.xml · nonDerivative · entry 5

Scarpino Nicholas Anthony · CIK 0001887459 · Chief Marketing Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 33,308

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 · shares: 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.

SEC source: 0001871509-24-000107 · wk-form4_1724099340.xml · nonDerivative · entry 4

Scarpino Nicholas Anthony · CIK 0001887459 · Chief Marketing Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,450

F2 · price: 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.

SEC source: 0001871509-24-000107 · wk-form4_1724099340.xml · nonDerivative · entry 3

Scarpino Nicholas Anthony · CIK 0001887459 · Chief Marketing Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 101,941

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: 0001871509-24-000107 · wk-form4_1724099340.xml · nonDerivative · entry 2

Scarpino Nicholas Anthony · CIK 0001887459 · Chief Marketing Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,450

SEC source: 0001871509-24-000107 · wk-form4_1724099340.xml · nonDerivative · entry 1

Scarpino Nicholas Anthony · CIK 0001887459 · Chief Marketing Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 46,823

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 · shares: 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.

SEC source: 0001871509-24-000105 · wk-form4_1723492418.xml · nonDerivative · entry 1

Osanloo Michael · CIK 0001432086 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 79,041

F1 · price: Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.25 to $10.31, 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.

SEC source: 0001871509-24-000086 · wk-form4_1717532779.xml · nonDerivative · entry 2

Hook Michelle Greig · CIK 0001886796 · CFO & Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 106,823

F2 · shares: Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.

SEC source: 0001871509-24-000086 · wk-form4_1717532779.xml · nonDerivative · entry 1

Hook Michelle Greig · CIK 0001886796 · CFO & Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 106,880

F1 · shares: Includes shares of Class A Common Stock purchased pursuant to the Portillo's Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of March 1, 2024 to May 31, 2024. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of Issuer's Class A Common Stock on May 31, 2024.

SEC source: 0001871509-24-000088 · wk-form4_1717532807.xml · nonDerivative · entry 2

Waite Jill Francine · CIK 0001886715 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,031

F2 · shares: Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.

SEC source: 0001871509-24-000088 · wk-form4_1717532807.xml · nonDerivative · entry 1

Waite Jill Francine · CIK 0001886715 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,055

F1 · shares: Includes shares of Class A Common Stock purchased pursuant to the Portillo's Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of March 1, 2024 to May 31, 2024. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of Issuer's Class A Common Stock on May 31, 2024.

SEC source: 0001871509-24-000087 · wk-form4_1717532795.xml · nonDerivative · entry 2

Pratt Derrick Lee · CIK 0001886740 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 51,865

F2 · shares: Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.

SEC source: 0001871509-24-000087 · wk-form4_1717532795.xml · nonDerivative · entry 1

Pratt Derrick Lee · CIK 0001886740 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 51,921

F1 · shares: Includes shares of Class A Common Stock purchased pursuant to the Portillo's Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of March 1, 2024 to May 31, 2024. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of Issuer's Class A Common Stock on May 31, 2024.

SEC source: 0001871509-24-000089 · wk-form4_1717532819.xml · nonDerivative · entry 2

Osanloo Michael · CIK 0001432086 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 145,093

F2 · shares: Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.

SEC source: 0001871509-24-000089 · wk-form4_1717532819.xml · nonDerivative · entry 1

Osanloo Michael · CIK 0001432086 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 145,113

F1 · shares: Includes shares of Class A Common Stock purchased pursuant to the Portillo's Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of March 1, 2024 to May 31, 2024. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of Issuer's Class A Common Stock on May 31, 2024.

SEC source: 0001871509-24-000065 · wk-form4_1715028753.xml · nonDerivative · entry 1

Correia Keith M · CIK 0002020559 · Chief Information Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,724

F1 · shares: Represents restricted stock units subject to time-based vesting granted on May 2, 2024, one-third of which vest on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.

SEC source: 0001871509-24-000061 · wk-form4_1715028649.xml · nonDerivative · entry 1

Kaiser Kelly M · CIK 0001992312 · General Counsel and Secretary

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,323

F1 · shares: Represents restricted stock units subject to time-based vesting granted on May 2, 2024, one-third of which vest on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.

SEC source: 0001871509-24-000058 · wk-form4_1715028589.xml · nonDerivative · entry 1

Hook Michelle Greig · CIK 0001886796 · CFO & Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 104,884

F1 · shares: Represents restricted stock units subject to time-based vesting granted on May 2, 2024, one-third of which vest on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.

SEC source: 0001871509-24-000068 · wk-form4_1715028806.xml · nonDerivative · entry 1

Waite Jill Francine · CIK 0001886715 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 39,230

F1 · shares: Represents restricted stock units subject to time-based vesting granted on May 2, 2024, one-third of which vest on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.

SEC source: 0000950170-24-053751 · ownership.xml · nonDerivative · entry 1

Lutzker Joshua Adam · CIK 0001886815 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See note

Disclosed balance after: 36,739

F1 · shares: 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.

F2 · ownership.nature: 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.

F5 · ownership.nature: 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.

SEC source: 0001871509-24-000067 · wk-form4_1715028792.xml · nonDerivative · entry 1

Pratt Derrick Lee · CIK 0001886740 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,008

F1 · shares: Represents restricted stock units subject to time-based vesting granted on May 2, 2024, one-third of which vest on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.

SEC source: 0001871509-24-000063 · wk-form4_1715028696.xml · derivative · entry 1

Osanloo Michael · CIK 0001432086 · Director · President & CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 311,042

Underlying: Class A common stock · 311,042 shares

Expires 2034-05-02

F1 · derivative.exercise_date: Stock options granted pursuant to the Issuer's 2021 Equity Incentive Plan vest in four equal installments on the first four anniversaries of the grant date, subject to continued service on each vesting date, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.

SEC source: 0001871509-24-000056 · wk-form4_1715028532.xml · nonDerivative · entry 1

Ellis Michael K · CIK 0001427740 · Chief Development Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 32,693

F1 · shares: Represents restricted stock units subject to time-based vesting granted on May 2, 2024, one-third of which vest on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.

SEC source: 0000950170-24-053750 · ownership.xml · nonDerivative · entry 1

Berkshire Partners LLC · CIK 0001312988 · Director · 10% owner

Berkshire Fund VIII-A, L.P. · CIK 0001514454 · Director · 10% owner

Berkshire Fund VIII, L.P. · CIK 0001514470 · Director · 10% owner

Berkshire Investors III LLC · CIK 0001505184 · Director · 10% owner

Berkshire Investors IV LLC · CIK 0001505185 · Director · 10% owner

Eighth Berkshire Associates LLC · CIK 0001888111 · Director · 10% owner

Berkshire Partners Holdings LLC · CIK 0001597786 · Director · 10% owner

BPSP, L.P. · CIK 0001597787 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Indirect · See note

Disclosed balance after: 46,252

F1 · shares: Represents restricted stock units ("RSUs") granted to Joshua Lutzker 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 Mr. Lutzker's continued service with the Issuer through such vesting date and the terms of the applicable award agreement.

F2 · ownership.nature: Any securities issued to Mr. Lutzker or other individuals for service as a director of the Issuer is held by him for the benefit of funds or entities affiliated with Berkshire Partners LLC ("BP" and such affiliated funds or entities, the "BP Entities"). The Reporting Persons disclaim beneficial ownership of such securities, except to the extent of their 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 (the "Act"), or for any other purpose.

SEC source: 0001871509-24-000057 · wk-form4_1715028551.xml · nonDerivative · entry 1

MILES MICHAEL · CIK 0001263765 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 36,475

F1 · shares: Represents restricted stock units granted on May 2, 2024, 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.

SEC source: 0001871509-24-000059 · wk-form4_1715028605.xml · nonDerivative · entry 1

Hart Gerard Johan · CIK 0001305052 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,819

F1 · shares: Represents restricted stock units granted on May 2, 2024, 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.

SEC source: 0001871509-24-000060 · wk-form4_1715028631.xml · nonDerivative · entry 1

Dodson Paulette R. · CIK 0001517319 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,730

F1 · shares: Represents restricted stock units granted on May 2, 2024, 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.

SEC source: 0001871509-24-000064 · wk-form4_1715028715.xml · nonDerivative · entry 1

Bordelon Ann G. · CIK 0001761825 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,351

F1 · shares: Represents restricted stock units granted on May 2, 2024, 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.

SEC source: 0001871509-24-000062 · wk-form4_1715028664.xml · nonDerivative · entry 1

Glass Noah H. · CIK 0001844608 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,796

F1 · shares: Represents restricted stock units granted on May 2, 2024, 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.

SEC source: 0001871509-24-000066 · wk-form4_1715028773.xml · nonDerivative · entry 1

Scarpino Nicholas Anthony · CIK 0001887459 · Chief Marketing Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,450

F1 · shares: Represents restricted stock units subject to time-based vesting granted on May 2, 2024, one-third of which vest on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.

SEC source: 0000950170-24-027206 · ownership.xml · derivative · entry 5

Lutzker Joshua Adam · CIK 0001886815 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 818,015

Underlying: Class A common stock · 472,191 shares

Expires not disclosed

F4 · derivative.exercise_price: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F7 · shares: Represents LLC Units of PHD Group Holdings sold by Berkshire Investors IV LLC ("BI IV") to the Issuer pursuant to the Purchase Agreement. BI IV may be deemed to be, but does not admit to being, a member of a group holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Act and disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.

F4 · derivative.exercise_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F4 · derivative.expiration_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

SEC source: 0000950170-24-027206 · ownership.xml · derivative · entry 4

Lutzker Joshua Adam · CIK 0001886815 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 248,374

Underlying: Class A common stock · 143,372 shares

Expires not disclosed

F4 · derivative.exercise_price: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F6 · shares: Represents LLC Units of PHD Group Holdings sold by Berkshire Investors III LLC ("BI III") to the Issuer pursuant to the Purchase Agreement. BI III may be deemed to be, but does not admit to being, a member of a group holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Act and disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.

F4 · derivative.exercise_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F4 · derivative.expiration_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

SEC source: 0000950170-24-027206 · ownership.xml · derivative · entry 3

Lutzker Joshua Adam · CIK 0001886815 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Berkshire Fund VIII, L.P.

Disclosed balance after: 9,037,513

Underlying: Class A common stock · 5,216,808 shares

Expires not disclosed

F4 · derivative.exercise_price: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F5 · shares: Represents LLC Units of PHD Group Holdings sold by Berkshire Fund VIII, L.P. ("VIII") to the Issuer pursuant to the Purchase Agreement. Such securities may be deemed to be beneficially owned by BPH; BPSP; 8BA, its general partner; and BP, its investment adviser. BPH, BPSP, VIII, 8BA and BP are under common control and may be deemed to be, but do not admit to being, a group for purposes of Section 13(d)(3) of the Act. Each of BPH, BPSP, VIII, 8BA and BP disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.

F4 · derivative.exercise_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F4 · derivative.expiration_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F5 · ownership.nature: Represents LLC Units of PHD Group Holdings sold by Berkshire Fund VIII, L.P. ("VIII") to the Issuer pursuant to the Purchase Agreement. Such securities may be deemed to be beneficially owned by BPH; BPSP; 8BA, its general partner; and BP, its investment adviser. BPH, BPSP, VIII, 8BA and BP are under common control and may be deemed to be, but do not admit to being, a group for purposes of Section 13(d)(3) of the Act. Each of BPH, BPSP, VIII, 8BA and BP disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.

SEC source: 0000950170-24-027206 · ownership.xml · nonDerivative · entry 1

Lutzker Joshua Adam · CIK 0001886815 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · By Berkshire Fund VIII-A, L.P.

Disclosed balance after: 3,755,165

F1 · shares: Represents shares of Class A common stock of the Issuer sold by Berkshire Fund VIII-A, L.P. ("VIII-A") to the Issuer pursuant to the Stock and Unit Purchase Agreement, dated as of March 3, 2023 (the "Purchase Agreement"). Such securities may be deemed to be beneficially owned by Berkshire Partners Holdings LLC ("BPH"); BPSP, L.P. ("BPSP"); Eighth Berkshire Associates LLC ("8BA"), its general partner; and Berkshire Partners LLC ("BP"), its investment adviser. BPH is the general partner of BPSP, which is the managing member of BP. As the managing member of BP, BPSP may be deemed to beneficially own shares of Class A common stock that are beneficially owned by BP.

F2 · shares: (Continued from footnote 1) As the general partner of BPSP, BPH may be deemed to beneficially own shares of Class A common stock that are beneficially owned by BPSP. BPH, BPSP, VIII-A, 8BA and BP are under common control and may be deemed to be, but do not admit to being, a group for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Act"). Each of BPH, BPSP, VIII-A, 8BA and BP disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.

F1 · ownership.nature: Represents shares of Class A common stock of the Issuer sold by Berkshire Fund VIII-A, L.P. ("VIII-A") to the Issuer pursuant to the Stock and Unit Purchase Agreement, dated as of March 3, 2023 (the "Purchase Agreement"). Such securities may be deemed to be beneficially owned by Berkshire Partners Holdings LLC ("BPH"); BPSP, L.P. ("BPSP"); Eighth Berkshire Associates LLC ("8BA"), its general partner; and Berkshire Partners LLC ("BP"), its investment adviser. BPH is the general partner of BPSP, which is the managing member of BP. As the managing member of BP, BPSP may be deemed to beneficially own shares of Class A common stock that are beneficially owned by BP.

F2 · ownership.nature: (Continued from footnote 1) As the general partner of BPSP, BPH may be deemed to beneficially own shares of Class A common stock that are beneficially owned by BPSP. BPH, BPSP, VIII-A, 8BA and BP are under common control and may be deemed to be, but do not admit to being, a group for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Act"). Each of BPH, BPSP, VIII-A, 8BA and BP disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.

SEC source: 0000950170-24-027207 · ownership.xml · derivative · entry 5

Berkshire Partners LLC · CIK 0001312988 · Director · 10% owner

Berkshire Fund VIII-A, L.P. · CIK 0001514454 · Director · 10% owner

Berkshire Fund VIII, L.P. · CIK 0001514470 · Director · 10% owner

Berkshire Investors III LLC · CIK 0001505184 · Director · 10% owner

Berkshire Investors IV LLC · CIK 0001505185 · Director · 10% owner

Eighth Berkshire Associates LLC · CIK 0001888111 · Director · 10% owner

Berkshire Partners Holdings LLC · CIK 0001597786 · Director · 10% owner

BPSP, L.P. · CIK 0001597787 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 818,015

Underlying: Class A common stock · 472,191 shares

Expires not disclosed

F4 · derivative.exercise_price: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F7 · shares: Represents LLC Units of PHD Group Holdings sold by Berkshire Investors IV LLC ("BI IV") to the Issuer pursuant to the Purchase Agreement. BI IV may be deemed to be, but does not admit to being, a member of a group holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Act and disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.

F4 · derivative.exercise_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F4 · derivative.expiration_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

SEC source: 0000950170-24-027207 · ownership.xml · derivative · entry 4

Berkshire Partners LLC · CIK 0001312988 · Director · 10% owner

Berkshire Fund VIII-A, L.P. · CIK 0001514454 · Director · 10% owner

Berkshire Fund VIII, L.P. · CIK 0001514470 · Director · 10% owner

Berkshire Investors III LLC · CIK 0001505184 · Director · 10% owner

Berkshire Investors IV LLC · CIK 0001505185 · Director · 10% owner

Eighth Berkshire Associates LLC · CIK 0001888111 · Director · 10% owner

Berkshire Partners Holdings LLC · CIK 0001597786 · Director · 10% owner

BPSP, L.P. · CIK 0001597787 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 248,374

Underlying: Class A common stock · 143,372 shares

Expires not disclosed

F4 · derivative.exercise_price: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F6 · shares: Represents LLC Units of PHD Group Holdings sold by Berkshire Investors III LLC ("BI III") to the Issuer pursuant to the Purchase Agreement. BI III may be deemed to be, but does not admit to being, a member of a group holding over 10% of the outstanding common stock of the Issuer for purposes of Section 13(d)(3) of the Act and disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.

F4 · derivative.exercise_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F4 · derivative.expiration_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

SEC source: 0000950170-24-027207 · ownership.xml · derivative · entry 3

Berkshire Partners LLC · CIK 0001312988 · Director · 10% owner

Berkshire Fund VIII-A, L.P. · CIK 0001514454 · Director · 10% owner

Berkshire Fund VIII, L.P. · CIK 0001514470 · Director · 10% owner

Berkshire Investors III LLC · CIK 0001505184 · Director · 10% owner

Berkshire Investors IV LLC · CIK 0001505185 · Director · 10% owner

Eighth Berkshire Associates LLC · CIK 0001888111 · Director · 10% owner

Berkshire Partners Holdings LLC · CIK 0001597786 · Director · 10% owner

BPSP, L.P. · CIK 0001597787 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Indirect · By Berkshire Fund VIII, L.P.

Disclosed balance after: 9,037,513

Underlying: Class A common stock · 5,216,808 shares

Expires not disclosed

F4 · derivative.exercise_price: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F5 · shares: Represents LLC Units of PHD Group Holdings sold by Berkshire Fund VIII, L.P. ("VIII") to the Issuer pursuant to the Purchase Agreement. Such securities may be deemed to be beneficially owned by BPH; BPSP; 8BA, its general partner; and BP, its investment adviser. BPH, BPSP, VIII, 8BA and BP are under common control and may be deemed to be, but do not admit to being, a group for purposes of Section 13(d)(3) of the Act. Each of BPH, BPSP, VIII, 8BA and BP disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.

F4 · derivative.exercise_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F4 · derivative.expiration_date: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of PHD Group Holdings LLC ("PHD Group Holdings"), dated as of October 20, 2021, LLC Units (as defined therein) directly held by certain of the Reporting Persons are exchangeable for shares of Class A common stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The LLC Units have no expiration date. Pursuant to the Purchase Agreement, in connection with the purchases of LLC Units by the Issuer as reported herein, an equal number of shares of Class B common stock of the Issuer held by the Reporting Persons were canceled for no consideration.

F5 · ownership.nature: Represents LLC Units of PHD Group Holdings sold by Berkshire Fund VIII, L.P. ("VIII") to the Issuer pursuant to the Purchase Agreement. Such securities may be deemed to be beneficially owned by BPH; BPSP; 8BA, its general partner; and BP, its investment adviser. BPH, BPSP, VIII, 8BA and BP are under common control and may be deemed to be, but do not admit to being, a group for purposes of Section 13(d)(3) of the Act. Each of BPH, BPSP, VIII, 8BA and BP disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.

SEC source: 0000950170-24-027207 · ownership.xml · nonDerivative · entry 1

Berkshire Partners LLC · CIK 0001312988 · Director · 10% owner

Berkshire Fund VIII-A, L.P. · CIK 0001514454 · Director · 10% owner

Berkshire Fund VIII, L.P. · CIK 0001514470 · Director · 10% owner

Berkshire Investors III LLC · CIK 0001505184 · Director · 10% owner

Berkshire Investors IV LLC · CIK 0001505185 · Director · 10% owner

Eighth Berkshire Associates LLC · CIK 0001888111 · Director · 10% owner

Berkshire Partners Holdings LLC · CIK 0001597786 · Director · 10% owner

BPSP, L.P. · CIK 0001597787 · Director · 10% owner

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

10b5-1 filing: No plan indicated

Ownership: Indirect · By Berkshire Fund VIII-A, L.P.

Disclosed balance after: 3,755,165

F1 · shares: Represents shares of Class A common stock of the Issuer sold by Berkshire Fund VIII-A, L.P. ("VIII-A") to the Issuer pursuant to the Stock and Unit Purchase Agreement, dated as of February 27, 2024 (the "Purchase Agreement"). Such securities may be deemed to be beneficially owned by Berkshire Partners Holdings LLC ("BPH"); BPSP, L.P. ("BPSP"); Eighth Berkshire Associates LLC ("8BA"), its general partner; and Berkshire Partners LLC ("BP"), its investment adviser. BPH is the general partner of BPSP, which is the managing member of BP. As the managing member of BP, BPSP may be deemed to beneficially own shares that are beneficially owned by BP. As the general partner of BPSP, BPH may be deemed to beneficially own shares that are beneficially owned by BPSP. BPH, BPSP, VIII-A, 8BA and BP are under common control and may be deemed to be, but do not admit to being, a group for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Act").

F1 · ownership.nature: Represents shares of Class A common stock of the Issuer sold by Berkshire Fund VIII-A, L.P. ("VIII-A") to the Issuer pursuant to the Stock and Unit Purchase Agreement, dated as of February 27, 2024 (the "Purchase Agreement"). Such securities may be deemed to be beneficially owned by Berkshire Partners Holdings LLC ("BPH"); BPSP, L.P. ("BPSP"); Eighth Berkshire Associates LLC ("8BA"), its general partner; and Berkshire Partners LLC ("BP"), its investment adviser. BPH is the general partner of BPSP, which is the managing member of BP. As the managing member of BP, BPSP may be deemed to beneficially own shares that are beneficially owned by BP. As the general partner of BPSP, BPH may be deemed to beneficially own shares that are beneficially owned by BPSP. BPH, BPSP, VIII-A, 8BA and BP are under common control and may be deemed to be, but do not admit to being, a group for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Act").

SEC source: 0001871509-24-000024 · wk-form4_1709594961.xml · nonDerivative · entry 2

Hook Michelle Greig · CIK 0001886796 · CFO & Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,008

F2 · shares: Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.

SEC source: 0001871509-24-000024 · wk-form4_1709594961.xml · nonDerivative · entry 1

Hook Michelle Greig · CIK 0001886796 · CFO & Treasurer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 63,033

F1 · shares: Includes shares of Class A Common Stock purchased pursuant to the Portillo's Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 1, 2023 to February 29, 2024. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of Issuer's Class A Common Stock on February 29, 2024.

SEC source: 0001871509-24-000019 · wk-form4_1709594758.xml · nonDerivative · entry 2

Waite Jill Francine · CIK 0001886715 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,386

F2 · shares: Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.

SEC source: 0001871509-24-000019 · wk-form4_1709594758.xml · nonDerivative · entry 1

Waite Jill Francine · CIK 0001886715 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,391

F1 · shares: Includes shares of Class A Common Stock purchased pursuant to the Portillo's Inc. 2022 Employee Stock Purchase Plan ("ESPP"), for the purchase period of December 1, 2023 to February 29, 2024. In accordance with the ESPP, these shares were purchased at a price equal to 90% of the closing price of Issuer's Class A Common Stock on February 29, 2024.

SEC source: 0001871509-24-000021 · wk-form4_1709594860.xml · nonDerivative · entry 2

Pratt Derrick Lee · CIK 0001886740 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,836

F2 · shares: Represents shares deducted to satisfy tax withholding obligations on the vesting of the award reported herein.