Nathaniel Ru - 25 May 2022 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Role
Chief Brand Officer, Director
Signature
/s/ Andrew Glickman, Attorney-in-fact
Issuer symbol
SG
Transactions as of
25 May 2022
Transactions value $
$197,941
Form type
4
Filing time
27 May 2022, 16:24:07 UTC
Previous filing
17 Nov 2021
Next filing
20 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SG Class A Common Stock Options Exercise $97.9K +12.6K +0.6% $7.77 2.11M 25 May 2022 Direct
transaction SG Class A Common Stock Options Exercise $100K +9.29K +0.44% $10.76 2.12M 25 May 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SG Stock Option (Right to Buy) Options Exercise $0 -12.6K -6.3% $0.00 187K 25 May 2022 Class A Common Stock 12.6K $7.77 Direct F1
transaction SG Stock Option (Right to Buy) Options Exercise $0 -9.29K -1.12% $0.00 821K 25 May 2022 Class A Common Stock 9.29K $10.76 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fully vested.
F2 25% of the shares vest on January 1, 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.