Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CAVA | Stock Options (right to buy) | Award | $0 | +49.9K | $0.00 | 49.9K | Apr 3, 2023 | Common Stock | 49.9K | $9.58 | Direct | F7 | |
transaction | CAVA | Series A Preferred Stock | Options Exercise | $0 | -147K | -100% | $0.00* | 0 | Jun 20, 2023 | Common Stock | 147K | Direct | F5 | |
transaction | CAVA | Series A Preferred Stock | Options Exercise | $0 | -57.5K | -100% | $0.00* | 0 | Jun 20, 2023 | Common Stock | 57.5K | By Spouse | F5 | |
transaction | CAVA | Series A Preferred Stock | Options Exercise | $0 | -683K | -100% | $0.00* | 0 | Jun 20, 2023 | Common Stock | 683K | By LLC | F5 | |
transaction | CAVA | Stock Options (right to buy) | Award | $0 | +647K | $0.00 | 647K | Jun 20, 2023 | Common Stock | 647K | $22.00 | Direct | F8 |
Id | Content |
---|---|
F1 | Represents shares that have been withheld by CAVA Group, Inc. (the "Issuer") to satisfy the tax withholding obligations in connection with the net settlement of restricted stock units ("RSUs"). |
F2 | The number of shares of common stock, par value $0.0001 per share (the "Common Stock"), of the Issuer reported in this Form 4 reflects the 3-for-1 forward stock split of Common Stock (the "Stock Split"), which became effective on June 2, 2023 in connection with the Issuer's initial public offering (the "IPO"). |
F3 | Includes unvested RSUs. |
F4 | On April 3, 2023 reporting person was granted RSUs which vest in four equal annual installments commencing on January 24, 2024. Each RSU represents a contingent right to receive one share of Common Stock upon settlement. Such securities were originally included on the Form 3 filed by the reporting person on June 15, 2023. |
F5 | Upon closing of the Issuer's IPO, each share of Series A Preferred Stock beneficially owned by the reporting person automatically converted, for no additional consideration, into shares of Common Stock on a one for one basis. These shares of Series A Preferred Stock had no expiration date. |
F6 | Reflects a grant of RSUs which vest in five equal annual installments commencing on June 14, 2024. Each RSU represents a contingent right to receive one share of Common Stock upon settlement. |
F7 | On April 3, 2023 reporting person was granted options to purchase shares of Common Stock which vest in four equal annual installments commencing on January 24, 2024. Such securities were originally included on the Form 3 filed by the reporting person on June 15, 2023. Reflects the Stock Split. |
F8 | Reflects a grant of options to purchase shares of Common Stock which vest in five equal annual installments commencing on June 14, 2024. |
The reporting person states that this filing shall not be an admission that the reporting person is the beneficial owner of any of the securities reported herein as indirectly owned, and the reporting person disclaims beneficial ownership of such securities except to the extent of the reporting person's pecuniary interest therein.