Jonathan Neman - Aug 26, 2024 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Signature
/s/ Ashley Van, Attorney-in-Fact
Stock symbol
SG
Transactions as of
Aug 26, 2024
Transactions value $
-$6,072,744
Form type
4
Date filed
8/27/2024, 07:03 PM
Previous filing
Jun 6, 2024
Next filing
Sep 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SG Class A Common Stock Sale -$6.07M -170K -8.08% $35.77 1.93M Aug 26, 2024 Direct F1, F2, F3
holding SG Class A Common Stock 944K Aug 26, 2024 See footnote F4
holding SG Class A Common Stock 50K Aug 26, 2024 By spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This sale was mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
F2 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.76 to $36.39 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Includes 1,800,000 shares subject to restricted stock units that vest over time and if and to the extent the issuer's stock price reaches specified levels.
F4 The shares are held by the JDRB Trust.