Bradley E. Singer - Jun 16, 2021 Form 4/A - Amendment Insider Report for Sweetgreen, Inc. (SG)

Role
Director
Signature
/s/ Andrew Glickman, Attorney-in-fact
Stock symbol
SG
Transactions as of
Jun 16, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
12/2/2021, 03:45 PM
Date Of Original Report
Nov 23, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SG Class A Common Stock Options Exercise +41K +22.71% 221K Nov 22, 2021 Direct F1, F2
transaction SG Common Stock Options Exercise +13.7K +23.36% 72.1K Nov 22, 2021 By Children's Trust F1

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 Warrant to Purchase Series J Preferred Stock Other $0 -41K -100% $0.00* 0 Nov 21, 2021 Series J Preferred Stock 41K Direct F1, F3
transaction SG Warrant to Purchase Common Stock Other $0 +41K $0.00 41K Nov 21, 2021 Common Stock 41K Direct F1, F3
transaction SG Warrant to Purchase Series J Preferred Stock Other $0 -13.7K -100% $0.00* 0 Nov 21, 2021 Series J Preferred Stock 13.7K By Children's Trust F1, F3
transaction SG Warrant to Purchase Common Stock Other $0 +13.7K $0.00 13.7K Nov 21, 2021 Common Stock 13.7K By Children's Trust F1, F3
transaction SG Warrant to Purchase Common Stock Other $0 -41K -100% $0.00* 0 Nov 22, 2021 Common Stock 41K Direct F1, F4
transaction SG Warrant to Purchase Class A Common Stock Other $0 +41K $0.00 41K Nov 22, 2021 Class A Common Stock 41K Direct F1, F4
transaction SG Warrant to Purchase Common Stock Other $0 -13.7K -100% $0.00* 0 Nov 22, 2021 Common Stock 13.7K By Children's Trust F1, F4
transaction SG Warrant to Purchase Class A Common Stock Other $0 +13.7K $0.00 13.7K Nov 22, 2021 Class A Common Stock 13.7K By Children's Trust F1, F4
transaction SG Warrant to Purchase Class A Common Stock Options Exercise $0 -41K -100% $0.00* 0 Nov 22, 2021 Class A Common Stock 41K Direct F1
transaction SG Warrant to Purchase Class A Common Stock Options Exercise $0 -13.7K -100% $0.00* 0 Nov 22, 2021 Class A Common Stock 13.7K By Children's Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The warrant was automatically exercised upon the completion of the initial public offering of the issuer's Class A Common Stock (the "IPO").
F2 Includes 5,000 shares subject to RSUs.
F3 At 11:59 p.m., the Series J Preferred Stock automatically converted into shares of Common Stock and the warrant became a warrant to purchase Common Stock.
F4 Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO and the warrant became a warrant to purchase Class A Common Stock.

Remarks:

This Form 4/A is being filed to report the conversion of warrants to purchase Series J Preferred Stock into warrants to purchase common stock, which common stock was subsequently reclassified into Class A Common Stock in connection with the issuer's IPO. The warrants were automatically exercised in connection with the issuer's IPO.