Jonathan Neman - Jun 16, 2021 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Role: Chief Executive Officer, Director
Signature: /s/ Andrew Glickman, Attorney-in-fact
Stock symbol: SG
Transactions as of: Jun 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/23/2021, 04:59 PM
Next filing: Nov 17, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SG	Stock Option (Right to Buy)	Other	$0	-830K	-100%	$0.00^*	0	Nov 22, 2021	Common Stock	830K	$10.76	Direct	F1, F2
transaction	SG	Stock Option (Right to Buy)	Other	$0	+830K		$0.00	830K	Nov 22, 2021	Class A Common Stock	830K	$10.76	Direct	F1, F2

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO.
F2	25% of the shares vest on January 1, 2022, the one-year anniversary of the vesting commencement date, with the remainder of the shares vesting in 36 equal monthly installments thereafter, subject to the recipient's continuous service through each applicable vesting date.

Remarks:

Second of two forms 4 filed by the reporting person. This is a continuation of the first of two.