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

Role
Chief Concept Officer, Director
Signature
/s/ Andrew Glickman, Attorney-in-fact
Stock symbol
SG
Transactions as of
Oct 18, 2022
Transactions value $
-$8,000
Form type
4
Date filed
10/20/2022, 05:50 PM
Previous filing
Nov 17, 2021
Next filing
Mar 13, 2023

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 $0.00 400 Oct 18, 2022 See footnote F1, F2
transaction SG Class A Common Stock Sale -$8K -400 -100% $20.00 0 Oct 18, 2022 See footnote F2
holding SG Class A Common Stock 2.1M Oct 18, 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% $0.00 3.71M Oct 18, 2022 Class A Common Stock 400 See footnote F1, F2
holding SG Class B Common Stock 184K Oct 18, 2022 Class A Common Stock 184K See footnote F1, F4
holding SG Class B Common Stock 500K Oct 18, 2022 Class A Common Stock 500K 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.