UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): May 15, 2024
Potbelly Corporation
(Exact Name of Registrant as Specified in its Charter)
Delaware | 001-36104 | 36-4466837 | ||||||||||||||||||||||||
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||||||||||||||
111 N. Canal Street, Suite 325 Chicago, Illinois | 60606 | ||||
(Address of Principal Executive Offices) | (Zip Code) | ||||
Registrant’s telephone number, including area code: (312) 951-0600
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
| Common Stock, $0.01 par value | PBPB | The NASDAQ Stock Market LLC (Nasdaq Global Select Market) | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | |||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ||
Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 15, 2024, Potbelly Corporation (the “Company”) held its 2024 Annual Meeting of Stockholders, at which the Company’s stockholders voted on the (i) election of eight director nominees (Proposal 1), (ii) ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 29, 2024 (Proposal 2), and (iii) approval, on an advisory basis, of the 2023 compensation of the Company’s named executive officers (Proposal 3). The results of the votes are set forth below.
Proposal 1
The Company’s stockholders voted in favor of the election of the following director nominees to the Board of Directors of the Company for a term of one year or until his or her successor is duly elected or appointed and qualified.
| Votes For | Votes Withheld | Broker Non-Votes | |||||||||
| Vann Avedisian | 21,990,352 | 128,410 | 4,826,389 | ||||||||
| Joseph Boehm | 17,438,111 | 4,680,651 | 4,826,389 | ||||||||
| Adrian Butler | 22,059,432 | 59,330 | 4,826,389 | ||||||||
| David Head | 19,838,824 | 2,279,938 | 4,826,389 | ||||||||
| David Near | 21,990,797 | 127,965 | 4,826,389 | ||||||||
| Dave Pearson | 22,059,197 | 59,565 | 4,826,389 | ||||||||
| Jill Sutton | 21,717,599 | 401,163 | 4,826,389 | ||||||||
| Robert D. Wright | 22,059,258 | 59,504 | 4,826,389 | ||||||||
Proposal 2
The Company’s stockholders approved the ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 29, 2024.
| Votes For | Votes Against | Abstentions | Broker Non-Votes | ||||||||
| 26,561,912 | 377,234 | 6,005 | 4,826,389 | ||||||||
Proposal 3
The Company’s stockholders approved, on an advisory basis, the 2023 compensation of the Company’s named executive officers.
| Votes For | Votes Against | Abstentions | Broker Non-Votes | ||||||||
| 21,835,986 | 210,446 | 72,330 | 4,826,389 | ||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
POTBELLY CORPORATION
By: /s/ Steven Cirulis
Name: Steven Cirulis
Title: Senior Vice President, Chief Financial Officer and Chief Strategy Officer
Date: May 15, 2024