Ayele Wouleta 4
4 · Sweetgreen, Inc. · Filed May 5, 2023
Insider Transaction Report
Form 4
Ayele Wouleta
Chief Technology Officer
Transactions
- Award
Stock Option (Right to Buy)
2023-02-21+47,619→ 47,619 totalExercise: $9.36Exp: 2033-02-20→ Class A Common Stock (47,619 underlying) - Award
Class A Common Stock
2023-02-21+6,667→ 140,728 total
Footnotes (2)
- [F1]Represents the grant of restricted stock units ("RSUs") that vest as follows measured from February 15, 2023: (i) 5% of the RSUs will vest in quarterly installments on each Quarterly Vesting Date over the first year, (ii) 7.5% of the RSUs will vest in quarterly installments on each Quarterly Vesting Date over the second year, and (iii) 12.5% of the RSUs will vest in quarterly installments on each Quarterly Vesting Date over the third year, subject to the reporting person's continuous service through each applicable vesting date.
- [F2]The shares subject to the option vest as follows measured from February 15, 2023: (i) 5% of the options will vest in quarterly installments on each Quarterly Vesting Date over the first year, (ii) 7.5% of the options will vest in quarterly installments on each Quarterly Vesting Date over the second year, and (iii) 12.5% of the options will vest in quarterly installments on each Quarterly Vesting Date over the third year, subject to the reporting person's continuous service through each applicable vesting date.