Rossann Williams - Feb 12, 2024 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Ashley Van, Attorney-in-Fact
Stock symbol
SG
Transactions as of
Feb 12, 2024
Transactions value $
$0
Form type
4
Date filed
2/14/2024, 09:20 PM
Previous filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SG Class A Common Stock Award $0 +100K $0.00 100K Feb 12, 2024 Direct 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 Stock Option (Right to Buy) Award $0 +300K $0.00 300K Feb 12, 2024 Class A Common Stock 300K $12.49 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of restricted stock units ("RSUs") that vest as follows measured from February 15, 2024: (i) 25% of the RSUs will vest on February 15, 2025, and (ii) 7.5% of the RSUs will vest in quarterly installments on each Quarterly Vesting Date over the subsequent three years, subject to the reporting person's continuous service through each applicable vesting date.
F2 The shares subject to the option vest as follows measured from February 15, 2024: (i) 25% of the options will vest on February 15, 2025, and (ii) 7.5% of the options will vest in quarterly installments on each Quarterly Vesting Date over the subsequent three years, subject to the reporting person's continuous service through each applicable vesting date.