4//SEC Filing
Reback Mitch 4
Accession 0001415889-25-008510
CIK 0001477815other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 7:00 PM ET
Size
19.1 KB
Accession
0001415889-25-008510
Insider Transaction Report
Form 4
Reback Mitch
CHIEF FINANCIAL OFFICER
Transactions
- Sale
Class A Common Stock
2025-03-17$23.80/sh−4,109$97,794→ 350,023 total - Award
Stock Option (Right to Buy)
2025-03-15+68,728→ 68,728 totalExercise: $23.80Exp: 2035-03-14→ Class A Common Stock (68,728 underlying) - Award
Class A Common Stock
2025-03-15+10,077→ 354,132 total - Exercise/Conversion
Class A Common Stock
2025-03-17$4.78/sh+4,000$19,120→ 354,023 total - Exercise/Conversion
Stock Option (Right to Buy)
2025-03-17−4,000→ 65,250 totalExercise: $4.78Exp: 2030-06-29→ Class A Common Stock (4,000 underlying) - Sale
Class A Common Stock
2025-03-17$23.88/sh−4,000$95,520→ 350,023 total
Holdings
- 43,901(indirect: See footnote)
Class A Common Stock
- 60,979(indirect: See footnote)
Class A Common Stock
- 60,979(indirect: See footnote)
Class A Common Stock
- 186,051(indirect: By Trust)
Class A Common Stock
- 43,901(indirect: See footnote)
Class A Common Stock
Footnotes (10)
- [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.
- [F10]Fully vested.
- [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 were sold pursuant to a 10b5-1 trading plan dated September 9, 2024.
- [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $23.37 to $24.29. The reporting person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The shares are held by Donald Spetner, Trustee of The IMCR GRAT, dated July 27, 2021.
- [F6]The shares are held by Donald Spetner, Trustee of The MRCR GRAT, dated July 27, 2021.
- [F7]The shares are held by Donald Spetner, Trustee of The MRCR GRAT, dated July 27, 2023.
- [F8]The shares are held by Donald Spetner, Trustee of The IMCR GRAT, dated July 27, 2023.
- [F9]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.
Documents
Issuer
Sweetgreen, Inc.
CIK 0001477815
Entity typeother
Related Parties
1- filerCIK 0001886255
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 7:00 PM ET
- Size
- 19.1 KB