Shlossman Daniel 4

Accession 0001209191-21-066585

CIK 0001477815other

View on SEC.gov Company Profile

Filed

Nov 22, 7:00 PM ET

Accepted

Nov 23, 6:08 PM ET

Size

62.2 KB

Accession

0001209191-21-066585

Insider Transaction Report

Form 4

Period: 2021-05-24

Sweetgreen, Inc.SG

Shlossman Daniel

SVP, Digital and Growth

Transactions

Exercise/Conversion
Common Stock
2021-07-22$4.78/sh+5,000$23,900→ 91,249 total
Award
Common Stock
2021-10-24+150,000→ 246,249 total
Other
Class A Common Stock
2021-11-22+248,249→ 248,249 total
Other
Stock Option (Right to Buy)
2021-11-22−5,417→ 0 total
Exercise: $3.73Exp: 2028-08-02→ Common Stock (5,417 underlying)
Other
Stock Option (Right to Buy)
2021-11-22+10,000→ 10,000 total
Exercise: $7.77Exp: 2030-03-16→ Class A Common Stock (10,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22−40,000→ 0 total
Exercise: $10.76Exp: 2031-05-23→ Common Stock (40,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22−100,000→ 0 total
Exercise: $10.76Exp: 2031-05-23→ Common Stock (100,000 underlying)
Exercise/Conversion
Common Stock
2021-07-22$3.73/sh+5,691$21,227→ 56,250 total
Exercise/Conversion
Common Stock
2021-07-22$6.31/sh+21,666$136,712→ 86,249 total
Exercise/Conversion
Common Stock
2021-07-22$7.77/sh+5,000$38,850→ 96,249 total
Exercise/Conversion
Stock Option (Right to Buy)
2021-07-22−5,691→ 10,000 total
Exercise: $3.73Exp: 2028-03-10→ Common Stock (5,691 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2021-07-22−21,666→ 18,334 total
Exercise: $6.31Exp: 2029-06-03→ Common Stock (21,666 underlying)
Other
Stock Option (Right to Buy)
2021-11-22+5,417→ 5,417 total
Exercise: $3.73Exp: 2028-08-02→ Class A Common Stock (5,417 underlying)
Other
Stock Option (Right to Buy)
2021-11-22−18,334→ 0 total
Exercise: $6.31Exp: 2029-06-03→ Common Stock (18,334 underlying)
Other
Stock Option (Right to Buy)
2021-11-22−10,000→ 0 total
Exercise: $7.77Exp: 2030-03-16→ Common Stock (10,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22+40,000→ 40,000 total
Exercise: $10.76Exp: 2031-05-23→ Class A Common Stock (40,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22+100,000→ 100,000 total
Exercise: $10.76Exp: 2021-05-23→ Class A Common Stock (100,000 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2021-07-22−5,000→ 10,000 total
Exercise: $7.77Exp: 2030-03-16→ Common Stock (5,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22+10,000→ 10,000 total
Exercise: $3.73Exp: 2028-03-10→ Class A Common Stock (10,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22+18,334→ 18,334 total
Exercise: $6.31Exp: 2029-06-03→ Class A Common Stock (18,334 underlying)
Exercise/Conversion
Common Stock
2021-07-22$3.73/sh+8,333$31,082→ 64,583 total
Award
Common Stock
2021-10-24+2,000→ 248,249 total
Other
Common Stock
2021-11-22−248,249→ 0 total
Award
Stock Option (Right to Buy)
2021-05-24+40,000→ 40,000 total
Exercise: $10.76Exp: 2031-05-23→ Common Stock (40,000 underlying)
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)
2021-07-22−8,333→ 5,417 total
Exercise: $3.73Exp: 2028-08-02→ Common Stock (8,333 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2021-07-22−5,000→ 0 total
Exercise: $4.78Exp: 2030-06-29→ Common Stock (5,000 underlying)
Other
Stock Option (Right to Buy)
2021-11-22−10,000→ 0 total
Exercise: $3.73Exp: 2028-03-10→ Common Stock (10,000 underlying)

Footnotes (11)

[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.
[F10]Fully vested.
[F11]25% of the shares subject to the original option vested on March 13, 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.
[F2]Represents restricted stock units 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 IPO. The time based vesting requirement will be satisfied with respect to 25% of the shares on November 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.
[F3]Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO.
[F4]Includes 152,000 shares subject to RSUs.
[F5]25% of the shares subject to the original option vested on October 19, 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.
[F6]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.
[F7]25% of the shares subject to the original option vested on February 26, 2019, 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.
[F8]25% of the shares subject to the original option vested on August 1, 2019, 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.
[F9]25% of the shares subject to the original option vested on May 13, 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.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

Sweetgreen, Inc.

CIK 0001477815

→

Entity typeother

Related Parties

filerCIK 0001886734

Filing Metadata

Form type: 4
Filed: Nov 22, 7:00 PM ET
Accepted: Nov 23, 6:08 PM ET
Size: 62.2 KB

View on SEC.gov