McPhail James 4

4 · Sweetgreen, Inc. · Filed Nov 23, 2021

Insider Transaction Report

Form 4

Period: 2021-06-16

Sweetgreen, Inc.SG

McPhail James

Chief Development Officer

Transactions

Exercise/Conversion
Common Stock
2021-07-21$7.77/sh+8,000$62,160→ 13,000 total
Exercise/Conversion
Common Stock
2021-06-23$7.77/sh+5,000$38,850→ 5,000 total
Award
Common Stock
2021-10-24+200,000→ 213,000 total
Award
Stock Option (Right to Buy)
2021-06-16+100,000→ 100,000 total
Exercise: $10.76Exp: 2031-06-15→ Common Stock (100,000 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2021-07-21−8,000→ 87,000 total
Exercise: $7.77Exp: 2029-12-04→ Common Stock (8,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22−100,000→ 0 total
Exercise: $10.76Exp: 2031-06-15→ Common Stock (100,000 underlying)
Other
Common Stock
2021-11-22−213,000→ 0 total
Other
Class A Common Stock
2021-11-22+213,000→ 213,000 total
Other
Stock Option (Right to Buy)
2021-11-22+75,000→ 75,000 total
Exercise: $4.78Exp: 2030-06-29→ Class A Common Stock (75,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22−87,000→ 0 total
Exercise: $7.77Exp: 2029-12-04→ Common Stock (87,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22+87,000→ 87,000 total
Exercise: $7.77Exp: 2029-12-04→ Class A Common Stock (87,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22+100,000→ 100,000 total
Exercise: $10.76Exp: 2031-06-15→ Class A Common Stock (100,000 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2021-06-23−5,000→ 95,000 total
Exercise: $7.77Exp: 2029-12-04→ Common Stock (5,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22−75,000→ 0 total
Exercise: $4.78Exp: 2030-06-29→ Common Stock (75,000 underlying)

Footnotes (6)

[F1]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 will be satisfied with respect to 25% of the shares on August 15, 2022 and with respect to the remainder of the shares in equal quarterly amounts over the following 36 months, subject to the reporting person's continuous service through each applicable vesting date.
[F2]Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO.
[F3]Includes 200,000 shares subject to RSUs.
[F4]25% of the shares vest on January 1, 2022, the one-year anniversary of the vesting commencement date, with the remainder of the shares vesting in 36 equal monthly installments thereafter, subject to the recipient's continuous service through each applicable vesting date.
[F5]25% of the shares subject to the original option vested on October 21, 2020, the one-year anniversary of the vesting commencement date, with the remainder of the shares vesting in 36 equal monthly installments thereafter, subject to the recipient's continuous service through each applicable vesting date.
[F6]25% of the shares subject to the original option vested on June 30, 2021, the one-year anniversary of the vesting commencement date, with the remainder of the shares vesting in 36 equal monthly installments thereafter, subject to the recipient's continuous service through each applicable vesting date.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION