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

Role
Director
Signature
/s/ Kenneth Robert Bertram, as Attorney-in-Fact
Issuer symbol
CAVA
Transactions as of
15 Jun 2023
Net transactions value
$0
Form type
3
Filing time
15 Jun 2023, 16:32:39 UTC
Next filing
22 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CAVA Common Stock 3,399 15 Jun 2023 Direct

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 E Preferred Stock 15 Jun 2023 Common Stock 1,323 Direct F1
holding CAVA Stock Options (right to buy) 15 Jun 2023 Common Stock 67,878 $1.92 Direct F2
holding CAVA Stock Options (right to buy) 15 Jun 2023 Common Stock 7,500 $2.94 Direct F3
holding CAVA Stock Options (right to buy) 15 Jun 2023 Common Stock 7,500 $3.12 Direct F4
holding CAVA Stock Options (right to buy) 15 Jun 2023 Common Stock 7,500 $6.25 Direct F5
holding CAVA Stock Options (right to buy) 15 Jun 2023 Common Stock 7,500 $9.58 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series E Preferred Stock has no expiration date. Immediately prior to the closing of the initial public offering on June 20, 2023, the Series E Preferred Stock will automatically convert into fully paid and nonassessable shares of common stock, par value $0.0001 per share on a one for one basis.
F2 These options are fully vested.
F3 Options granted December 13, 2019 which vest in four equal annual installments commencing on October 1, 2020.
F4 Options granted on November 5, 2020 which vest in four equal annual installments commencing on August 1, 2021.
F5 Options granted on January 25, 2022 which vest in four equal annual installments commencing on August 1, 2022.
F6 Options granted on January 24, 2023 which vest in four equal annual installments commencing on January 24, 2024.

Remarks:

Exhibit List - Exhibit 24 Power of Attorney