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

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Ashley Van, Attorney-in-Fact
Issuer symbol
SG
Transactions as of
05 Jun 2024
Net transactions value
-$4,431,000
Form type
4
Filing time
06 Jun 2024, 19:00:10 UTC
Previous filing
16 May 2024
Next filing
27 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SG Class A Common Stock Options Exercise $144,000 +150,000 +7.1% $0.9600* 2,250,000 05 Jun 2024 Direct F1
transaction SG Class A Common Stock Sale $4,575,000 -150,000 -6.7% $30.50 2,100,000 05 Jun 2024 Direct F1
holding SG Class A Common Stock 943,991 05 Jun 2024 See footnote F2
holding SG Class A Common Stock 50,000 05 Jun 2024 By spouse

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) Options Exercise $0 -150,000 -55% $0.000000 125,000 05 Jun 2024 Common Stock 150,000 $0.9600 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 The shares are held by the JDRB Trust.
F3 Fully vested.