Jonathan Neman - 05 Jun 2024 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Reporting relationship: CHIEF EXECUTIVE OFFICER, Director
Issuer ticker: SG
Reported as of: 05 Jun 2024
Net transaction value: -$4,431,000
SEC form: 4
Accepted by SEC: 06 Jun 2024, 19:00:10 UTC
Prior SEC filing: 16 May 2024
Next SEC filing: 27 Aug 2024
Source filing: View source filing
Reporting owner signature: /s/ Ashley Van, Attorney-in-Fact

Key filing fact

Jonathan Neman filed Form 4 for Sweetgreen, Inc. (SG) on 06 Jun 2024.

Key facts

This page summarizes Jonathan Neman's Form 4 filing for Sweetgreen, Inc. (SG).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 06 Jun 2024, 19:00.

Change

Previous filing in this sequence was filed on 16 May 2024.
Current net transaction value: -$4,431,000.

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

Options Exercise

Transaction value: $144,000
Shares: +150,000
Change %: +7.1%
Price: $0.9600^*
Shares after: 2,250,000
Date: 05 Jun 2024
Ownership: Direct
Footnotes: F1

SG transaction

Class A Common Stock

Sale

Transaction value: $4,575,000
Shares: -150,000
Change %: -6.7%
Price: $30.50
Shares after: 2,100,000
Date: 05 Jun 2024
Ownership: Direct
Footnotes: F1

SG holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 943,991
Date: 05 Jun 2024
Ownership: See footnote
Footnotes: F2

SG holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 50,000
Date: 05 Jun 2024
Ownership: By spouse

Reported derivative securities

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

SG transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -150,000
Change %: -55%
Price: $0.000000
Shares after: 125,000
Date: 05 Jun 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 150,000
Exercise price: $0.9600
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

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 F2

The shares are held by the JDRB Trust.

Footnote F3

Fully vested.