Ayele Wouleta 4
4 · Sweetgreen, Inc. · Filed Feb 14, 2024
Insider Transaction Report
Form 4
Ayele Wouleta
Chief Technology Officer
Transactions
- Award
Class A Common Stock
2024-02-12+18,930→ 153,366 total - Award
Stock Option (Right to Buy)
2024-02-12+99,152→ 99,152 totalExercise: $12.49Exp: 2034-02-11→ Class A Common Stock (99,152 underlying)
Footnotes (2)
- [F1]Represents the grant of restricted stock units ("RSUs") that vest as follows measured from February 15, 2024: (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, 2024: (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.