Filing Details
- Accession Number:
- 0001209191-21-066593
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-11-23 18:12:17
- Reporting Period:
- 2021-05-24
- Accepted Time:
- 2021-11-23 18:12:17
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1477815 | Sweetgreen Inc. | SG | Retail-Eating Places (5812) | 271159215 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1712044 | Julie Bornstein | C/O Sweetgreen, Inc. 3101 W. Exposition Blvd. Los Angeles CA 90018 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2021-10-24 | 5,000 | $0.00 | 5,000 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2021-11-22 | 5,000 | $0.00 | 0 | No | 4 | J | Direct | |
| Class A Common Stock | Acquisiton | 2021-11-22 | 5,000 | $0.00 | 5,000 | No | 4 | J | Direct | |
| Class A Common Stock | Acquisiton | 2021-11-22 | 8,928 | $28.00 | 13,928 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | J | Direct | |
| No | 4 | J | Direct | |
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Acquisiton | 2021-05-24 | 50,000 | $0.00 | 50,000 | $10.76 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2021-11-22 | 50,000 | $0.00 | 50,000 | $10.76 |
| Class A Common Stock | Stock Option (Right to Buy) | Acquisiton | 2021-11-22 | 50,000 | $0.00 | 50,000 | $10.76 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 50,000 | 2031-05-23 | No | 4 | A | Direct | |
| 0 | 2021-05-23 | No | 4 | J | Direct | |
| 50,000 | 2031-05-23 | No | 4 | J | Direct |
Footnotes
- Represents restricted stock units ("RSUs") that are subject to both a time based vesting requirement and a liquidity event vesting requirement. The liquidity event vesting requirement will be met upon the consummation of the initial public offering of the Issuer's Class A Common Stock (the "IPO"). The time based vesting requirement was satisfied with respect to 25% of the shares on November 15, 2021 and will be satisfied with respect to an additional 25% of the shares on each of February 15, 2022, May 15, 2022 and August 15, 2022, subject to the reporting person's continuous service through each applicable vesting date.
- Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO.
- Includes 5,000 shares subject to RSUs.
- The shares subject to the option vest monthly over 24 months measured from May 7, 2021, subject to the reporting person's continuous service through each applicable vesting date.
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