4//SEC Filing
Ayele Wouleta 4
Accession 0001209191-21-066587
CIK 0001477815other
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 6:09 PM ET
Size
15.5 KB
Accession
0001209191-21-066587
Insider Transaction Report
Form 4
Ayele Wouleta
Chief Technology Officer
Transactions
- Other
Common Stock
2021-11-22−150,000→ 0 total - Award
Stock Option (Right to Buy)
2021-08-19+250,000→ 250,000 totalExercise: $15.02Exp: 2031-08-18→ Common Stock (250,000 underlying) - Other
Stock Option (Right to Buy)
2031-11-22+250,000→ 250,000 totalExercise: $15.02Exp: 2021-08-18→ Class A Common Stock (250,000 underlying) - Award
Common Stock
2021-10-24+150,000→ 150,000 total - Other
Class A Common Stock
2021-11-22+150,000→ 150,000 total - Other
Stock Option (Right to Buy)
2021-11-22−250,000→ 0 totalExercise: $15.02Exp: 2031-08-18→ Common Stock (250,000 underlying)
Footnotes (3)
- [F1]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 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]25% of the shares vest on August 17, 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.
Documents
Issuer
Sweetgreen, Inc.
CIK 0001477815
Entity typeother
Related Parties
1- filerCIK 0001886256
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 6:09 PM ET
- Size
- 15.5 KB