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

Role
Director
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, 04:32 PM
Previous filing
Jun 22, 2023
Next filing
Jan 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CAVA Common Stock 94K 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 Series A Preferred Stock Jun 15, 2023 Common Stock 456K Direct F2
holding CAVA Stock Options (right to buy) Jun 15, 2023 Common Stock 98.5K $1.28 Direct F3
holding CAVA Stock Options (right to buy) Jun 15, 2023 Common Stock 21.6K $6.75 Direct F4
holding CAVA Stock Options (right to buy) Jun 15, 2023 Common Stock 14.4K $9.58 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 92,490 unvested restricted stock units ("RSUs") of which 7,155 will vest in three equal annual installments commencing January 20, 2024, 6,993 will vest in four equal annual installments commencing January 24, 2024 and 78,342 will vest in four equal annual installments commencing May 8, 2024. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share (the "Common Stock") upon settlement.
F2 The Series A Preferred Stock has no expiration date. Immediately prior to the closing of the initial public offering on June 20, 2023, the Series A Preferred Stock will automatically convert into fully paid and nonassessable shares of Common Stock on a one for one basis.
F3 These options are fully vested.
F4 Options granted on May 10, 2022 which vest in four equal annual installments commencing on January 20, 2023.
F5 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