Jonathan Neman - Dec 23, 2024 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Ashley Van, Attorney-in-Fact
Stock symbol
SG
Transactions as of
Dec 23, 2024
Transactions value $
$397,927
Form type
4
Date filed
12/23/2024, 06:54 PM
Previous filing
Dec 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SG Class A Common Stock Options Exercise $97.9K +12.6K +0.72% $7.77 1.77M Dec 23, 2024 Direct F1
transaction SG Class A Common Stock Options Exercise $300K +27.9K +1.57% $10.76 1.8M Dec 23, 2024 Direct F1
holding SG Class A Common Stock 944K Dec 23, 2024 See footnote F2
holding SG Class A Common Stock 50K Dec 23, 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 -12.6K -6.3% $0.00 187K Dec 23, 2024 Class A Common Stock 12.6K $7.77 Direct F3
transaction SG Stock Option (Right to Buy) Options Exercise $0 -27.9K -3.36% $0.00 802K Dec 23, 2024 Class A Common Stock 27.9K $10.76 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,500,000 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.
F4 25% of the shares subject to the option vested on January 1, 2022, the one-year anniversary of the vesting commencement date, with the remainder of the shares vesting in 36 equal monthly installments thereafter, subject to the recipient's continuous service through each applicable vesting date.