David Bosserman - Jun 20, 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 20, 2024
Transactions value $
$0
Form type
4
Date filed
6/24/2024, 04:05 PM
Previous filing
Jun 22, 2023
Next filing
Jun 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAVA Common Stock Award $0 +1.31K +0.9% $0.00 147K Jun 20, 2024 Direct F1, F2
holding CAVA Common Stock 30K Jun 20, 2024 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSU"), which vest in full on the earlier of (i) the first anniversary of the date of grant and (ii) the business day before the date of the next annual meeting of the stockholders of CAVA Group Inc. (the "Issuer"), subject to the reporting person's continued service through such date. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share ("Common Stock") upon settlement.
F2 Includes (i) 80,963 shares of Common Stock received via pro rata in-kind distributions from SWaN Hospitality 3, LLC and SWaN & Legend Fund 3, LP to its respective limited partners and (ii) unvested RSUs.
F3 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 for the purposes of Section 16 or any other purpose, and the reporting person disclaims beneficial ownership of such securities.