X0306 4 2012-12-11 0000949373 EINSTEIN NOAH RESTAURANT GROUP INC BAGL 0001451302 O'Neill Jeffrey J C/O EINSTEIN NOAH RESTAURANT GROUP, INC. 555 ZANG STREET, SUITE 300 LAKEWOOD CO 80228 1 1 0 0 President and CEO Common Stock 2012-12-11 4 S 0 10473 16.0565 D 14886 D The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.85 to $16.30, 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 range set forth in this Form 4. /s/ Jennifer A. D'Alessandro, as attorney-in-fact 2012-12-12