Jennifer Somers - Jun 15, 2023 Form 3 Insider Report for CAVA GROUP, INC. (CAVA)

Role
Chief Operations Officer
Signature
/s/ Kenneth Robert Bertram, as Attorney-in-Fact
Stock symbol
CAVA
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
3
Date filed
6/15/2023, 04:31 PM
Previous filing
Jun 22, 2023
Next filing
Oct 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CAVA Common Stock 141K Jun 15, 2023 Direct F1

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
holding CAVA Stock Options (right to buy) Jun 15, 2023 Common Stock 42K $6.75 Direct F2
holding CAVA Stock Options (right to buy) Jun 15, 2023 Common Stock 27.5K $9.58 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 117,300 unvested restricted stock units ("RSUs") of which 90,096 will vest in three equal annual installments commencing October 26, 2023, 13,887 will vest in three equal annual installments commencing January 20, 2024 and 13,317 will vest in four equal annual installments commencing January 24, 2024. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share upon settlement.
F2 Options granted on May 10, 2022 which vest in four equal annual installments commencing on January 20, 2023.
F3 Options granted on April 3, 2023 which vest in four equal annual installments commencing on January 24, 2024.

Remarks:

Exhibit List - Exhibit 24 Power of Attorney