Karen Kochevar - Jun 17, 2024 Form 4 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 17, 2024
Transactions value $
-$1,904,117
Form type
4
Date filed
6/18/2024, 05:00 PM
Previous filing
Jun 22, 2023
Next filing
Jun 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAVA Common Stock Sale -$919K -9.72K -100% $94.50 0 Jun 17, 2024 Direct F1
transaction CAVA Common Stock Options Exercise $17.6K +5.63K $3.12* 5.63K Jun 17, 2024 Direct
transaction CAVA Common Stock Sale -$520K -5.63K -100% $92.41 0 Jun 17, 2024 Direct
transaction CAVA Common Stock Options Exercise $23.4K +3.75K $6.25* 3.75K Jun 17, 2024 Direct
transaction CAVA Common Stock Sale -$350K -3.75K -100% $93.25 0 Jun 17, 2024 Direct F2
transaction CAVA Common Stock Options Exercise $18K +1.88K $9.58 1.88K Jun 17, 2024 Direct
transaction CAVA Common Stock Sale -$175K -1.88K -100% $93.25 0 Jun 17, 2024 Direct F2

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 CAVA Stock Options (right to buy) Options Exercise $0 -5.63K -75% $0.00 1.88K Jun 17, 2024 Common Stock 5.63K $3.12 Direct F3
transaction CAVA Stock Options (right to buy) Options Exercise $0 -3.75K -50% $0.00 3.75K Jun 17, 2024 Common Stock 3.75K $6.25 Direct F4
transaction CAVA Stock Options (right to buy) Options Exercise $0 -1.88K -25% $0.00 5.63K Jun 17, 2024 Common Stock 1.88K $9.58 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.49 to $94.54, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
F2 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.21 to $93.30, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
F3 Options granted on November 5, 2020 which vest in four equal annual installments commencing on August 1, 2021.
F4 Options granted on January 25, 2022 which vest in four equal annual installments commencing on August 1, 2022.
F5 Options granted on January 24, 2023 which vest in four equal annual installments commencing on January 24, 2024.