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

Role
Director
Signature
/s/ Andrew Glickman, Attorney-in-fact
Issuer symbol
SG
Transactions as of
16 Jun 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
02 Dec 2021, 15:45:58 UTC
Date Of Original Report
23 Nov 2021
Next filing
17 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SG Class A Common Stock Options Exercise +40,977 +23% 221,415 22 Nov 2021 Direct F1, F2
transaction SG Common Stock Options Exercise +13,659 +23% 72,138 22 Nov 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 -40,977 -100% $0.000000* 0 21 Nov 2021 Series J Preferred Stock 40,977 Direct F1, F3
transaction SG Warrant to Purchase Common Stock Other $0 +40,977 $0.000000 40,977 21 Nov 2021 Common Stock 40,977 Direct F1, F3
transaction SG Warrant to Purchase Series J Preferred Stock Other $0 -13,659 -100% $0.000000* 0 21 Nov 2021 Series J Preferred Stock 13,659 By Children's Trust F1, F3
transaction SG Warrant to Purchase Common Stock Other $0 +13,659 $0.000000 13,659 21 Nov 2021 Common Stock 13,659 By Children's Trust F1, F3
transaction SG Warrant to Purchase Common Stock Other $0 -40,977 -100% $0.000000* 0 22 Nov 2021 Common Stock 40,977 Direct F1, F4
transaction SG Warrant to Purchase Class A Common Stock Other $0 +40,977 $0.000000 40,977 22 Nov 2021 Class A Common Stock 40,977 Direct F1, F4
transaction SG Warrant to Purchase Common Stock Other $0 -13,659 -100% $0.000000* 0 22 Nov 2021 Common Stock 13,659 By Children's Trust F1, F4
transaction SG Warrant to Purchase Class A Common Stock Other $0 +13,659 $0.000000 13,659 22 Nov 2021 Class A Common Stock 13,659 By Children's Trust F1, F4
transaction SG Warrant to Purchase Class A Common Stock Options Exercise $0 -40,977 -100% $0.000000* 0 22 Nov 2021 Class A Common Stock 40,977 Direct F1
transaction SG Warrant to Purchase Class A Common Stock Options Exercise $0 -13,659 -100% $0.000000* 0 22 Nov 2021 Class A Common Stock 13,659 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.