Home/Filings/4/0001628280-24-027251
4//SEC Filing

SHAICH RONALD M 4

Accession 0001628280-24-027251

CIK 0001639438other

Filed

Jun 6, 8:00 PM ET

Accepted

Jun 7, 4:00 PM ET

Size

11.9 KB

Accession

0001628280-24-027251

Insider Transaction Report

Form 4
Period: 2024-06-05
Transactions
  • Sale

    Common Stock

    2024-06-05$87.25/sh1,231,979$107,490,1685,000 total
  • Sale

    Common Stock

    2024-06-05$87.25/sh653,477$57,015,8680 total(indirect: By Trust)
  • Sale

    Common Stock

    2024-06-05$87.25/sh664,834$58,006,7670 total(indirect: By Trust)
Holdings
  • Common Stock

    (indirect: By LLC)
    83,306
  • Common Stock

    (indirect: By LLC)
    1,374,328
  • Common Stock

    (indirect: By Trust)
    5,687,265
Footnotes (7)
  • [F1]Cava Act III, LLC initiated pro-rata in-kind distributions of common stock, par value $0.001 ("Common Stock") of Cava Group, Inc. (the "Issuer") to its respective members on June 5, 2024, including distributions to Mr. Shaich and entities where Mr. Shaich serves as the investment manager with sole investment control. Represents the sale of Common Stock received in connection with such distributions, the receipt of which was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
  • [F2]Includes unvested restricted stock units.
  • [F3]Balance reflects the in-kind distribution described in footnote (1) above.
  • [F4]Represents Common Stock held by Cava Act III, LLC.
  • [F5]Cava Act III Trust, LLC is managed by Ronald M. Shaich and Cava Act III, LLC is managed by Act III Management, LLC, which is controlled by Mr. Shaich. Act III Holdings, LLC is the controlling holder of each of Cava Act III, LLC and Cava Act III Trust, LLC. Act III Holdings, LLC is controlled by Mr. Shaich. Mr. Shaich disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, Mr. Shaich the beneficial owner of any securities reported herein.
  • [F6]Represents Common Stock held by Cava Act III Trust, LLC.
  • [F7]Represents Common Stock held by Act III Holdings, LLC received in the in-kind distribution described in footnote (1) above.

Issuer

CAVA GROUP, INC.

CIK 0001639438

Entity typeother

Related Parties

1
  • filerCIK 0001034193

Filing Metadata

Form type
4
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 4:00 PM ET
Size
11.9 KB