PTLO

SEC source: 0000899243-23-010880 · doc4.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: 1,290,206

Underlying: Class A common stock · 35,153 shares

Expires not disclosed

F5 · 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.

F8 · 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.

F5 · 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.

F5 · 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: 0000899243-23-010880 · doc4.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: 391,746

Underlying: Class A common stock · 10,673 shares

Expires not disclosed

F5 · 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 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.

F5 · 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.

F5 · 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: 0000899243-23-010880 · doc4.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: 14,254,321

Underlying: Class A common stock · 388,377 shares

Expires not disclosed

F5 · 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 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.

F5 · 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.

F5 · 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.

F6 · 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: 0000899243-23-010880 · doc4.xml · nonDerivative · entry 2

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: 5,922,794

F3 · 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 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. 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").

F4 · shares: (Continued from Footnote 3) Each of BPH, BPSP, VIII-A, 8BA and BP disclaims beneficial ownership of any securities except to the extent of its pecuniary interest therein.

F3 · 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 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. 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").

F4 · ownership.nature: (Continued from Footnote 3) 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: 0000899243-23-010878 · doc4.xml · nonDerivative · entry 2

LUBIN RICHARD K · CIK 0001034025 · Director

10b5-1 filing: No plan indicated

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

Disclosed balance after: 5,922,794

F3 · 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 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.

F4 · shares: (Continued footnote 3) 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.

F3 · 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 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.

F4 · ownership.nature: (Continued footnote 3) 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: 0000899243-23-010878 · doc4.xml · nonDerivative · entry 1

LUBIN RICHARD K · CIK 0001034025 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,746

F1 · shares: Represents restricted stock units granted on April 4, 2023, which will vest in full on December 31, 2023, subject to the Reporting Person's continued service with the Issuer through such vesting date and the terms of the applicable award agreement.

F2 · balance_after: Includes 9,615 unvested RSUs granted on April 4, 2023 and 4,000 unvested RSUs granted on January 18, 2022, in each case, to the Reporting Person for his service on the Board of Directors of the Issuer. The unvested RSUs are subject to time vesting, subject to the Reporting Person's continued service with the Issuer through such vesting date, and the terms of the applicable award agreement. 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"). 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.

SEC source: 0000899243-23-010879 · doc4.xml · nonDerivative · entry 1

Lutzker Joshua Adam · CIK 0001886815 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See note

Disclosed balance after: 18,733

F1 · shares: Represents restricted stock units ("RSUs") granted on April 4, 2023, which will vest in full on December 31, 2023, subject to the Reporting Person's continued service with the Issuer through such vesting date and the terms of the applicable award agreement.

F2 · balance_after: Includes 10,336 unvested RSUs granted on April 4, 2023 and 4,000 unvested RSUs granted on January 18, 2022, in each case, to the Reporting Person for his service on the Board of Directors of the Issuer. The unvested RSUs are subject to time vesting, subject to the Reporting Person's continued service with the Issuer through such vesting date, and the terms of the applicable award agreement. 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"). 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.

F2 · ownership.nature: Includes 10,336 unvested RSUs granted on April 4, 2023 and 4,000 unvested RSUs granted on January 18, 2022, in each case, to the Reporting Person for his service on the Board of Directors of the Issuer. The unvested RSUs are subject to time vesting, subject to the Reporting Person's continued service with the Issuer through such vesting date, and the terms of the applicable award agreement. 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"). 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.

SEC source: 0000899243-23-010880 · doc4.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: 36,479

F1 · shares: Represents 9,615 restricted stock units ("RSUs") granted to Richard Lubin and 10,336 RSUs granted to Joshua Lutzker on April 4, 2023 for their service on the Board of Directors of the Issuer, which will vest in full on December 31, 2023, in each case, subject to the director's continued service with the Issuer through such vesting date and the terms of the directors' applicable award agreements.

F2 · balance_after: Includes 19,951 unvested RSUs granted on April 4, 2023 and 8,000 unvested RSUs granted on January 18, 2022 to Richard Lubin and Joshua Lutzker in the aggregate for their service on the Board of Directors of the Issuer. The unvested RSUs are subject to time vesting, subject to the director's continued service with the Issuer through such vesting date, and the terms of the directors' applicable award agreements. Any securities issued to Mr. Lubin or Mr. Lutzker for service as a director of the Issuer are held by each of them for the benefit of funds or entities affiliated with Berkshire Partners LLC ("BP"). 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, or for any other purpose.

F2 · ownership.nature: Includes 19,951 unvested RSUs granted on April 4, 2023 and 8,000 unvested RSUs granted on January 18, 2022 to Richard Lubin and Joshua Lutzker in the aggregate for their service on the Board of Directors of the Issuer. The unvested RSUs are subject to time vesting, subject to the director's continued service with the Issuer through such vesting date, and the terms of the directors' applicable award agreements. Any securities issued to Mr. Lubin or Mr. Lutzker for service as a director of the Issuer are held by each of them for the benefit of funds or entities affiliated with Berkshire Partners LLC ("BP"). 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, or for any other purpose.

SEC source: 0001871509-23-000043 · wf-form4_168081325831378.xml · nonDerivative · entry 1

MILES MICHAEL · CIK 0001263765 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,769

F1 · shares: Represents restricted stock units granted on April 4, 2023, which will vest in full on December 31, 2023, 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: 0001871509-23-000042 · wf-form4_168081324173661.xml · nonDerivative · entry 1

Hart Gerard Johan · CIK 0001305052 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,769

F1 · shares: Represents restricted stock units granted on April 4, 2023, which will vest in full on December 31, 2023, 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: 0001871509-23-000040 · wf-form4_168081319716430.xml · nonDerivative · entry 1

Dodson Paulette R. · CIK 0001517319 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,680

F1 · shares: Represents restricted stock units granted on April 4, 2023, which will vest in full on December 31, 2023, 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: 0001871509-23-000039 · wf-form4_168081317411275.xml · nonDerivative · entry 1

Bordelon Ann G. · CIK 0001761825 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,301

F1 · shares: Represents restricted stock units granted on April 4, 2023, which will vest in full on December 31, 2023, 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: 0001871509-23-000041 · wf-form4_168081322542257.xml · nonDerivative · entry 1

Glass Noah H. · CIK 0001844608 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,746

F1 · shares: Represents restricted stock units granted on April 4, 2023, which will vest in full on December 31, 2023, 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: 0000899243-23-008416 · doc4.xml · derivative · entry 5

LUBIN RICHARD K · CIK 0001034025 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,325,359

Underlying: Class A common stock · 453,232 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: 0000899243-23-008416 · doc4.xml · derivative · entry 4

LUBIN RICHARD K · CIK 0001034025 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 402,419

Underlying: Class A common stock · 137,608 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: 0000899243-23-008416 · doc4.xml · derivative · entry 3

LUBIN RICHARD K · CIK 0001034025 · Director

10b5-1 filing: Not disclosed

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

Disclosed balance after: 14,642,698

Underlying: Class A common stock · 5,007,328 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: 0000899243-23-008416 · doc4.xml · nonDerivative · entry 1

LUBIN RICHARD K · CIK 0001034025 · Director

10b5-1 filing: Not disclosed

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

Disclosed balance after: 6,084,168

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. 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

F2 · shares: (Continued Footnote 1) 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. 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

F2 · ownership.nature: (Continued Footnote 1) 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: 0000899243-23-008413 · doc4.xml · derivative · entry 5

Lutzker Joshua Adam · CIK 0001886815 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,325,359

Underlying: Class A common stock · 453,232 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: 0000899243-23-008413 · doc4.xml · derivative · entry 4

Lutzker Joshua Adam · CIK 0001886815 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 402,419

Underlying: Class A common stock · 137,608 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: 0000899243-23-008413 · doc4.xml · derivative · entry 3

Lutzker Joshua Adam · CIK 0001886815 · Director

10b5-1 filing: Not disclosed

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

Disclosed balance after: 14,642,698

Underlying: Class A common stock · 5,007,328 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: 0000899243-23-008413 · doc4.xml · nonDerivative · entry 1

Lutzker Joshua Adam · CIK 0001886815 · Director

10b5-1 filing: Not disclosed

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

Disclosed balance after: 6,084,168

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: 0000899243-23-008415 · doc4.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: Not disclosed

Ownership: Direct

Disclosed balance after: 1,325,359

Underlying: Class A common stock · 453,232 shares

Expires not disclosed

F5 · 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.

F8 · 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.

F5 · 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.

F5 · 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: 0000899243-23-008415 · doc4.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: Not disclosed

Ownership: Direct

Disclosed balance after: 402,419

Underlying: Class A common stock · 137,608 shares

Expires not disclosed

F5 · 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 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.

F5 · 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.

F5 · 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: 0000899243-23-008415 · doc4.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: Not disclosed

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

Disclosed balance after: 14,642,698

Underlying: Class A common stock · 5,007,328 shares

Expires not disclosed

F5 · 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 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.

F5 · 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.

F5 · 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.

F6 · 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: 0000899243-23-008415 · doc4.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: Not disclosed

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

Disclosed balance after: 6,084,168

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 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 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: 0001871509-23-000033 · wf-form4_167882640694056.xml · derivative · entry 4

Cook George Richard III · CIK 0001887477 · Senior VP, Technology

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 51,598

Underlying: Class A common stock · 16,000 shares

Expires 2030-05-12

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 · shares: Represents options previously granted on 5/12/2020 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. The options vest and become exercisable in equal annual installments on each of the first five anniversaries of the grant date. Options expire on the tenth anniversary of the grant date.

F1 · derivative.exercise_date: Represents options previously granted on 5/12/2020 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. The options vest and become exercisable in equal annual installments on each of the first five anniversaries of the grant date. Options expire on the tenth anniversary of the grant date.

SEC source: 0001871509-23-000033 · wf-form4_167882640694056.xml · nonDerivative · entry 3

Cook George Richard III · CIK 0001887477 · Senior VP, Technology

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,907

F2 · price: Represents the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.89 to $19.05, 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: 0001871509-23-000033 · wf-form4_167882640694056.xml · nonDerivative · entry 2

Cook George Richard III · CIK 0001887477 · Senior VP, Technology

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,907

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 options previously granted on 5/12/2020 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. The options vest and become exercisable in equal annual installments on each of the first five anniversaries of the grant date. Options expire on the tenth anniversary of the grant date.

SEC source: 0001871509-23-000033 · wf-form4_167882640694056.xml · nonDerivative · entry 1

Cook George Richard III · CIK 0001887477 · Senior VP, Technology

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,907

SEC source: 0001871509-23-000030 · wf-form4_167779635807396.xml · nonDerivative · entry 2

Pratt Derrick Lee · CIK 0001886740 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,336

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

SEC source: 0001871509-23-000030 · wf-form4_167779635807396.xml · nonDerivative · entry 1

Pratt Derrick Lee · CIK 0001886740 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,342

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, 2022 to February 28, 2023. 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 28, 2023.

SEC source: 0001871509-23-000028 · wf-form4_167779631672240.xml · nonDerivative · entry 2

Hook Michelle Greig · CIK 0001886796 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,415

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

SEC source: 0001871509-23-000028 · wf-form4_167779631672240.xml · nonDerivative · entry 1

Hook Michelle Greig · CIK 0001886796 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,432

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, 2022 to February 28, 2023. 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 28, 2023.

SEC source: 0001871509-23-000031 · wf-form4_167779637482917.xml · nonDerivative · entry 2

Waite Jill Francine · CIK 0001886715 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,105

F2 · shares: Represents shares deducted to satisfy tax withholding obligations in connection with the transaction reported herein.

SEC source: 0001871509-23-000031 · wf-form4_167779637482917.xml · nonDerivative · entry 1

Waite Jill Francine · CIK 0001886715 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,109

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, 2022 to February 28, 2023. 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 28, 2023.

SEC source: 0001871509-23-000029 · wf-form4_167779634025103.xml · nonDerivative · entry 2

Osanloo Michael · CIK 0001432086 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 183,499

F2 · shares: Represents shares deducted to satisfy tax withholding obligations in connection with the transaction reported herein.

SEC source: 0001871509-23-000029 · wf-form4_167779634025103.xml · nonDerivative · entry 1

Osanloo Michael · CIK 0001432086 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 183,536

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, 2022 to February 28, 2023. 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 28, 2023.

SEC source: 0001871509-23-000027 · wf-form4_167779629784187.xml · nonDerivative · entry 2

Cook George Richard III · CIK 0001887477 · Senior VP, Technology

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,569

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

SEC source: 0001871509-23-000027 · wf-form4_167779629784187.xml · nonDerivative · entry 1

Cook George Richard III · CIK 0001887477 · Senior VP, Technology

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,574

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, 2022 to February 28, 2023. 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 28, 2023.

SEC source: 0001871509-22-000093 · wf-form4_167226366270220.xml · nonDerivative · entry 2

Hook Michelle Greig · CIK 0001886796 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,933

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

SEC source: 0001871509-22-000093 · wf-form4_167226366270220.xml · nonDerivative · entry 1

Hook Michelle Greig · CIK 0001886796 · CFO & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 74,735

F1 · shares: Represents the grant of 6,428 shares of restricted stock, with 1,813 shares subject to a one-year holding requirement and 1,813 shares subject to a two-year holding requirement, in each case, in accordance with the terms of the applicable award agreement.

SEC source: 0001871509-22-000099 · wf-form4_167226378280723.xml · nonDerivative · entry 2

Waite Jill Francine · CIK 0001886715 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,020

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

SEC source: 0001871509-22-000099 · wf-form4_167226378280723.xml · nonDerivative · entry 1

Waite Jill Francine · CIK 0001886715 · Chief Human Resources Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,547

F1 · shares: Represents the grant of 5,706 shares of restricted stock, with 1,589 shares subject to a one-year holding requirement and 1,590 shares subject to a two-year holding requirement, in each case, in accordance with the terms of the applicable award agreement.

SEC source: 0001871509-22-000098 · wf-form4_167226376652733.xml · nonDerivative · entry 2

Shelton Susan Beth · CIK 0001886716 · General Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,345

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

SEC source: 0001871509-22-000098 · wf-form4_167226376652733.xml · nonDerivative · entry 1

Shelton Susan Beth · CIK 0001886716 · General Counsel and Secretary

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,580

F1 · shares: Represents the grant of 5,046 shares of restricted stock, with 1,406 shares subject to a one-year holding requirement and 1,405 shares subject to a two-year holding requirement, in each case, in accordance with the terms of the applicable award agreement.

SEC source: 0001871509-22-000096 · wf-form4_167226372847480.xml · nonDerivative · entry 2

Pratt Derrick Lee · CIK 0001886740 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,189

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

SEC source: 0001871509-22-000096 · wf-form4_167226372847480.xml · nonDerivative · entry 1

Pratt Derrick Lee · CIK 0001886740 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 63,095

F1 · shares: Represents the grant of 6,561 shares of restricted stock, with 1,827 shares subject to a one-year holding requirement and 1,828 shares subject to a two-year holding requirement, in each case, in accordance with the terms of the applicable award agreement.

SEC source: 0001871509-22-000095 · wf-form4_167226370677621.xml · nonDerivative · entry 2

Osanloo Michael · CIK 0001432086 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 182,493

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

SEC source: 0001871509-22-000095 · wf-form4_167226370677621.xml · nonDerivative · entry 1

Osanloo Michael · CIK 0001432086 · Director · President & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 193,155

F1 · shares: Represents the grant of 24,069 shares of restricted stock, with 6,703 shares subject to a one-year holding requirement and 6,704 shares subject to a two-year holding requirement, in each case, in accordance with the terms of the applicable award agreement.

SEC source: 0001871509-22-000094 · wf-form4_167226368233877.xml · nonDerivative · entry 2

Ellis Michael K · CIK 0001427740 · Chief Development Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,983

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