Rossann Williams - 12 Feb 2024 Form 4 Insider Report for Sweetgreen, Inc. (SG)

Role: CHIEF OPERATING OFFICER
Signature: /s/ Ashley Van, Attorney-in-Fact
Issuer symbol: SG
Transactions as of: 12 Feb 2024
Transactions value $: $0
Form type: 4
Filing time: 14 Feb 2024, 21:20:55 UTC
Previous filing: 14 Feb 2024
Next filing: 20 Feb 2025
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	Award	$0	+100K		$0.00	100K	12 Feb 2024	Direct	F1

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)	Award	$0	+300K		$0.00	300K	12 Feb 2024	Class A Common Stock	300K	$12.49	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the grant of restricted stock units ("RSUs") that vest as follows measured from February 15, 2024: (i) 25% of the RSUs will vest on February 15, 2025, and (ii) 7.5% of the RSUs will vest in quarterly installments on each Quarterly Vesting Date over the subsequent three years, 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, 2024: (i) 25% of the options will vest on February 15, 2025, and (ii) 7.5% of the options will vest in quarterly installments on each Quarterly Vesting Date over the subsequent three years, subject to the reporting person's continuous service through each applicable vesting date.