McPhail James 4
4 · Sweetgreen, Inc. · Filed May 5, 2023
Insider Transaction Report
Form 4
McPhail James
Chief Development Officer
Transactions
- Award
Class A Common Stock
2023-02-21+5,000→ 148,433 total - Award
Stock Option (Right to Buy)
2023-02-21+35,714→ 35,714 totalExercise: $9.36Exp: 2033-02-20→ Class A Common Stock (35,714 underlying)
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.