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

Role
10%+ Owner
Signature
SWaN Hospitality LLC, By /s/ Frederick D. Schaufeld, Managing Member
Stock symbol
CAVA
Transactions as of
Jun 20, 2023
Transactions value $
$0
Form type
4
Date filed
6/22/2023, 04:31 PM
Previous filing
Jun 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAVA Common Stock Conversion of derivative security +1.59M 1.59M Jun 20, 2023 Direct F1, F2
transaction CAVA Common Stock Conversion of derivative security +2.51M 2.51M Jun 20, 2023 Direct F1, F3
transaction CAVA Common Stock Conversion of derivative security +1.32M 1.32M Jun 20, 2023 By SWaN Hospitality 3 LLC F1, F4
transaction CAVA Common Stock Conversion of derivative security +1.2M 1.2M Jun 20, 2023 By SWaN Hospitality 4 LLC F1, F5
transaction CAVA Common Stock Conversion of derivative security +2.75M 2.75M Jun 20, 2023 By SWaN & Legend Fund 3, LP F1, F6
transaction CAVA Common Stock Conversion of derivative security +1.83M 1.83M Jun 20, 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 -748K -100% $0.00* 0 Jun 20, 2023 Common Stock 748K Direct F1, F2
transaction CAVA Series A Preferred Stock Conversion of derivative security $0 -1.92M -100% $0.00* 0 Jun 20, 2023 Common Stock 1.92M By SWaN & Legend Fund 3, LP F1, F6
transaction CAVA Series B Preferred Stock Conversion of derivative security $0 -471K -100% $0.00* 0 Jun 20, 2023 Common Stock 471K Direct F1, F2
transaction CAVA Series B Preferred Stock Conversion of derivative security $0 -837K -100% $0.00* 0 Jun 20, 2023 Common Stock 837K By SWaN & Legend Fund 3, LP F1, F6
transaction CAVA Series C Preferred Stock Conversion of derivative security $0 -199K -100% $0.00* 0 Jun 20, 2023 Common Stock 199K Direct F1, F2
transaction CAVA Series C Preferred Stock Conversion of derivative security $0 -738K -100% $0.00* 0 Jun 20, 2023 Common Stock 738K By SWaN & Legend Fund 4, LP F1, F7
transaction CAVA Series D Preferred Stock Conversion of derivative security $0 -177K -100% $0.00* 0 Jun 20, 2023 Common Stock 177K Direct F1, F2
transaction CAVA Series D Preferred Stock Conversion of derivative security $0 -436K -100% $0.00* 0 Jun 20, 2023 Common Stock 436K By SWaN & Legend Fund 4, LP F1, F7
transaction CAVA Series E Preferred Stock Conversion of derivative security $0 -2.51M -100% $0.00* 0 Jun 20, 2023 Common Stock 2.51M Direct F1, F3
transaction CAVA Series E Preferred Stock Conversion of derivative security $0 -657K -100% $0.00* 0 Jun 20, 2023 Common Stock 657K By SWaN & Legend Fund 4, LP F1, F7
transaction CAVA Series E Preferred Stock Conversion of derivative security $0 -1.32M -100% $0.00* 0 Jun 20, 2023 Common Stock 1.32M By SWaN Hospitality 3 LLC F1, F4
transaction CAVA Series F Preferred Stock Conversion of derivative security $0 -1.2M -100% $0.00* 0 Jun 20, 2023 Common Stock 1.2M 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.