Nicolas Jammet - 18 Oct 2022 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Role
Chief Concept Officer, Director
Signature
/s/ Andrew Glickman, Attorney-in-fact
Issuer symbol
SG
Transactions as of
18 Oct 2022
Net transactions value
-$8,000
Form type
4
Filing time
20 Oct 2022, 17:50:44 UTC
Previous filing
17 Nov 2021
Next filing
13 Mar 2023
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 Conversion of derivative security $0 +400 $0.000000 400 18 Oct 2022 See footnote F1, F2
transaction SG Class A Common Stock Sale $8,000 -400 -100% $20.00 0 18 Oct 2022 See footnote F2
holding SG Class A Common Stock 2,100,000 18 Oct 2022 Direct F3

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 Class B Common Stock Conversion of derivative security $0 -400 -0.01% $0.000000 3,714,242 18 Oct 2022 Class A Common Stock 400 See footnote F1, F2
holding SG Class B Common Stock 183,507 18 Oct 2022 Class A Common Stock 183,507 See footnote F1, F4
holding SG Class B Common Stock 500,000 18 Oct 2022 Class A Common Stock 500,000 See footnote F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock.
F2 The shares are held by Nicolas Jammet Revocable Trust U/T/A dated October 7, 2016.
F3 Represents restricted stock units that vest over time and if and to the extent the issuer's stock price reaches specified levels.
F4 The shares are held by Patrick Jammet, as Trustee of the Nicolas H. Jammet 2014 GRAT.
F5 The shares are held by the Jammet Descendants Trust U/T/A dated September 3, 2021.