Neman Jonathan 4
4 · Sweetgreen, Inc. · Filed Mar 18, 2025
Insider Transaction Report
Form 4
Neman Jonathan
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Award
Class A Common Stock
2025-03-15+15,466→ 1,815,980 total - Sale
Class A Common Stock
2025-03-17$23.80/sh−5,717$136,065→ 1,810,263 total - Award
Stock Option (Right to Buy)
2025-03-15+223,367→ 223,367 totalExercise: $23.80Exp: 2035-03-14→ Class A Common Stock (223,367 underlying)
Holdings
- 943,991(indirect: See footnote)
Class A Common Stock
- 50,000(indirect: By Spouse)
Class A Common Stock
Footnotes (4)
- [F1]Represents the grant of fully vested Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon settlement.
- [F2]This sale was mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- [F3]The shares are held by the JDRB Trust.
- [F4]The options vests quarterly over 3 years with 5% of the shares subject to the option vesting quarterly in the first year, 7.5% of the shares subject to the option vesting quarterly in the second year and 12.5% of the shares subject to the option vesting quarterly in the third year, subject to the reporting person's continuous service through each applicable vesting date.