SWaN Hospitality LLC - 20 Jun 2023 Form 4 Insider Report for CAVA GROUP, INC. (CAVA)

Role
10%+ Owner
Signature
SWaN Hospitality LLC, By /s/ Frederick D. Schaufeld, Managing Member
Issuer symbol
CAVA
Transactions as of
20 Jun 2023
Net transactions value
$0
Form type
4
Filing time
22 Jun 2023, 16:31:14 UTC
Previous filing
15 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAVA Common Stock Conversion of derivative security +1,594,938 1,594,938 20 Jun 2023 Direct F1, F2
transaction CAVA Common Stock Conversion of derivative security +2,514,249 2,514,249 20 Jun 2023 Direct F1, F3
transaction CAVA Common Stock Conversion of derivative security +1,323,918 1,323,918 20 Jun 2023 By SWaN Hospitality 3 LLC F1, F4
transaction CAVA Common Stock Conversion of derivative security +1,195,854 1,195,854 20 Jun 2023 By SWaN Hospitality 4 LLC F1, F5
transaction CAVA Common Stock Conversion of derivative security +2,754,228 2,754,228 20 Jun 2023 By SWaN & Legend Fund 3, LP F1, F6
transaction CAVA Common Stock Conversion of derivative security +1,831,743 1,831,743 20 Jun 2023 By SWaN & Legend Fund 4, LP F1, F7

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 CAVA Series A Preferred Stock Conversion of derivative security $0 -748,386 -100% $0.000000* 0 20 Jun 2023 Common Stock 748,386 Direct F1, F2
transaction CAVA Series A Preferred Stock Conversion of derivative security $0 -1,917,501 -100% $0.000000* 0 20 Jun 2023 Common Stock 1,917,501 By SWaN & Legend Fund 3, LP F1, F6
transaction CAVA Series B Preferred Stock Conversion of derivative security $0 -470,661 -100% $0.000000* 0 20 Jun 2023 Common Stock 470,661 Direct F1, F2
transaction CAVA Series B Preferred Stock Conversion of derivative security $0 -836,727 -100% $0.000000* 0 20 Jun 2023 Common Stock 836,727 By SWaN & Legend Fund 3, LP F1, F6
transaction CAVA Series C Preferred Stock Conversion of derivative security $0 -198,912 -100% $0.000000* 0 20 Jun 2023 Common Stock 198,912 Direct F1, F2
transaction CAVA Series C Preferred Stock Conversion of derivative security $0 -738,345 -100% $0.000000* 0 20 Jun 2023 Common Stock 738,345 By SWaN & Legend Fund 4, LP F1, F7
transaction CAVA Series D Preferred Stock Conversion of derivative security $0 -176,979 -100% $0.000000* 0 20 Jun 2023 Common Stock 176,979 Direct F1, F2
transaction CAVA Series D Preferred Stock Conversion of derivative security $0 -435,915 -100% $0.000000* 0 20 Jun 2023 Common Stock 435,915 By SWaN & Legend Fund 4, LP F1, F7
transaction CAVA Series E Preferred Stock Conversion of derivative security $0 -2,514,249 -100% $0.000000* 0 20 Jun 2023 Common Stock 2,514,249 Direct F1, F3
transaction CAVA Series E Preferred Stock Conversion of derivative security $0 -657,483 -100% $0.000000* 0 20 Jun 2023 Common Stock 657,483 By SWaN & Legend Fund 4, LP F1, F7
transaction CAVA Series E Preferred Stock Conversion of derivative security $0 -1,323,918 -100% $0.000000* 0 20 Jun 2023 Common Stock 1,323,918 By SWaN Hospitality 3 LLC F1, F4
transaction CAVA Series F Preferred Stock Conversion of derivative security $0 -1,195,854 -100% $0.000000* 0 20 Jun 2023 Common Stock 1,195,854 By SWaN Hospitality 4 LLC F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

SWaN Hospitality LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series F Preferred Stock automatically converted into shares of Common Stock on a one-for-one basis without payment of additional consideration immediately prior to the closing of the Issuer's initial public offering.
F2 The shares are held directly by SWaN Hospitality LLC.
F3 The shares are held directly by SWaN Hospitality 2 LLC.
F4 The shares are held directly by SWaN Hospitality 3 LLC ("SWaN 3"). SWaN Hospitality 3 GP LLC ("SWaN 3 GP" ) is the manager of SWaN 3 and may be deemed to beneficially own these shares. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.
F5 The shares are held directly by SWaN Hospitality 4 LLC ("SWaN 4"). SWaN 3 GP is the manager of SWaN 4 and may be deemed to beneficially own these shares. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.
F6 The shares are held directly by SWaN & Legend Fund 3, LP ("SL 3"). SWaN & Legend Fund 3 GP, LLC is the manager of SL 3 and may be deemed to beneficially own these shares. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.
F7 The shares are held directly by SWaN & Legend Fund 4, LP ("SL 4"). SWaN & Legend Fund 4 GP, LLC is the manager of SL 4 and may be deemed to beneficially own these shares. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein, except to the extent of its respective pecuniary interest therein.