Nathaniel Ru - 15 May 2024 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 May 2024, 16:36:25 UTC
Prior SEC filing
22 Nov 2023
Next SEC filing
06 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ashley Van, Attorney-in-Fact

Key filing fact

Nathaniel Ru filed Form 4 for Sweetgreen, Inc. (SG) on 16 May 2024.

Key facts

  • This page summarizes Nathaniel Ru's Form 4 filing for Sweetgreen, Inc. (SG).
  • 3 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 16 May 2024, 16:36.

Change

  • Previous filing in this sequence was filed on 22 Nov 2023.
  • Current net transaction value: -$4,695,375.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SG transaction

Class A Common Stock

Conversion of derivative security

Transaction value
$0
Shares
+150,000
Change %
Price
$0.000000
Shares after
150,000
Date
15 May 2024
Ownership
See footnote
Footnotes
F1, F2
SG transaction

Class A Common Stock

Sale

Transaction value
$4,695,375
Shares
-150,000
Change %
-100%
Price
$31.30
Shares after
0
Date
15 May 2024
Ownership
See footnote
Footnotes
F2, F3
SG holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,121,899
Date
15 May 2024
Ownership
Direct
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SG transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
$0
Shares
-150,000
Change %
-4.2%
Price
$0.000000
Shares after
3,427,253
Date
15 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
150,000
Exercise price
Footnotes
F1, F2
SG holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
180,904
Date
15 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
180,904
Exercise price
Footnotes
F1, F5
SG holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
400,000
Date
15 May 2024
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
400,000
Exercise price
Footnotes
F1, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote 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.

Footnote F2

The shares are held by Nathaniel Ru Revocable Trust U/T/A dated October 7, 2016.

Footnote F3

The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.30 to $31.69. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F4

Includes 2,100,000 shares subject to restricted stock units that vest over time and if and to the extent the issuer's stock price reaches specified levels.

Footnote F5

The shares are held by Jonathan Neman, as Trustee of the Nathaniel Espinoza Ru 2014 GRAT.

Footnote F6

The shares are held by the Ru Descendants Trust U/T/A dated September 17, 2021.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .