InsiderTrades

Form 4 for SG Sweetgreen, Inc.

Accepted 2021-11-23 00:00:00 ET · period of report 2021-06-16 · accession 0001209191-21-066567 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
DM 2021-11-23 2021-09-23 SG Neman Jonathan CEO, Dir M - OptEx $1.44 +337.8K 917.9K +58% +$486.7K
DM 2021-11-23 2021-11-22 SG Neman Jonathan CEO, Dir J - Other — 0 0 New —
D 2021-11-23 2021-09-29 SG Neman Jonathan CEO, Dir G - Gift $0.00 -1.06M 0 -100% $0
DMI 2021-11-23 2021-09-03+ SG Neman Jonathan CEO, Dir G - Gift $0.00 +1.06M 500.0K New $0
D 2021-11-23 2021-10-24 SG Neman Jonathan CEO, Dir A - Grant $0.00 +2.10M 2.10M New $0
DMI 2021-11-23 2021-11-21 SG Neman Jonathan CEO, Dir C - Cnv Deriv — +1.26M 315.4K New —
DMI 2021-11-23 2021-11-22 SG Neman Jonathan CEO, Dir J - Other — -4.68M 0 -100% —
D 2021-11-23 2021-06-16 SG Neman Jonathan CEO, Dir A - Grant $0.00 +830.0K 830.0K New $0
DM 2021-11-23 2021-09-23 SG Neman Jonathan CEO, Dir M - OptEx $0.00 -337.8K 14.2K -96% $0
DMI 2021-11-23 2021-11-21 SG Neman Jonathan CEO, Dir C - Cnv Deriv $0.00 -1.26M 0 -100% $0
DMI 2021-11-23 2021-11-22 SG Neman Jonathan CEO, Dir J - Other $0.00 +4.68M 181.4K New $0
DM 2021-11-23 2021-11-22 SG Neman Jonathan CEO, Dir J - Other $0.00 0 248.8K New $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2021-09-23 M A 125,000 $2.40 1,042,908 D By spouse — —
2 Common Common Stock 2021-09-23 M A 17,077 $3.14 1,059,985 D By spouse — —
3 Common Class A Common Stock 2021-11-22 J A 2,100,000 — 2,100,000 D — — (F3) Represents restricted stock units that vest if and to the extent the issuer's stock price reaches specified levels. (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO.
4 Common Common Stock 2021-09-29 G D 1,059,985 $0.00 0 D By spouse — —
5 Common Common Stock 2021-09-29 G A 1,059,985 $0.00 4,002,684 I See footnote — — (F6) The shares are held by the JDRB Trust.
6 Common Common Stock 2021-10-24 A A 2,100,000 $0.00 2,100,000 D See footnote — — (F3) Represents restricted stock units that vest if and to the extent the issuer's stock price reaches specified levels. (F6) The shares are held by the JDRB Trust.
7 Common Common Stock 2021-11-21 C A 50,000 — 50,000 I See footnote — — (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO"). (F6) The shares are held by the JDRB Trust.
8 Common Common Stock 2021-11-22 J D 50,000 — 0 I See footnote — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. (F7) The shares are held by Neman IV LLC.
9 Common Common Stock 2021-09-03 G D 500,000 $0.00 2,942,699 I See footnote — — (F1) The shares are held by Jonathan Neman Revocable Trust U/T/A dated October 7, 2016.
10 Common Common Stock 2021-09-03 G A 500,000 $0.00 500,000 I See footnote — — (F2) The shares are held by the Neman Descendants Trust U/T/A dated September 3, 2021.
11 Common Common Stock 2021-09-23 M A 195,745 $0.68 917,908 D See footnote — — (F1) The shares are held by Jonathan Neman Revocable Trust U/T/A dated October 7, 2016.
12 Common Class A Common Stock 2021-11-22 J A 50,000 — 50,000 I See footnote — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. (F7) The shares are held by Neman IV LLC.
13 Common Common Stock 2021-11-21 C A 915,490 — 943,991 I See footnote — — (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO"). (F7) The shares are held by Neman IV LLC.
14 Common Common Stock 2021-11-22 J D 943,991 — 0 I See footnote — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. (F1) The shares are held by Jonathan Neman Revocable Trust U/T/A dated October 7, 2016.
15 Common Class A Common Stock 2021-11-22 J A 943,991 — 943,991 I See footnote — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. (F1) The shares are held by Jonathan Neman Revocable Trust U/T/A dated October 7, 2016.
16 Common Common Stock 2021-11-21 C A 295,395 — 315,395 I See footnote — — (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO"). (F1) The shares are held by Jonathan Neman Revocable Trust U/T/A dated October 7, 2016.
17 Common Common Stock 2021-11-22 J D 315,395 — 0 I See footnote — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. (F2) The shares are held by the Neman Descendants Trust U/T/A dated September 3, 2021.
18 Common Class A Common Stock 2021-11-22 J A 315,395 — 315,395 I See footnote — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. (F2) The shares are held by the Neman Descendants Trust U/T/A dated September 3, 2021.
19 Common Common Stock 2021-11-22 J D 4,002,684 — 0 I See footnote — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. (F2) The shares are held by the Neman Descendants Trust U/T/A dated September 3, 2021.
20 Common Class A Common Stock 2021-11-22 J A 4,002,684 — 4,002,684 I See footnote — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. (F9) The shares are held by Nicholas H. Jammet, as Trustee of the Jonathan Neman 2014 GRAT.
21 Common Class A Common Stock 2021-11-22 J D 4,002,684 — 0 I See footnote — — (F8) Each share of Class A Common Stock was exchanged for one share of Class B Common Stock effective upon the completion of the IPO. (F9) The shares are held by Nicholas H. Jammet, as Trustee of the Jonathan Neman 2014 GRAT.
22 Common Common Stock 2021-11-22 J D 500,000 — 0 I See footnote — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. (F9) The shares are held by Nicholas H. Jammet, as Trustee of the Jonathan Neman 2014 GRAT.
23 Common Class A Common Stock 2021-11-22 J A 500,000 — 500,000 I — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO.
24 Common Class A Common Stock 2021-11-22 J D 500,000 — 0 I — — (F8) Each share of Class A Common Stock was exchanged for one share of Class B Common Stock effective upon the completion of the IPO.
25 Common Common Stock 2021-11-22 J D 181,449 — 0 I — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO.
26 Common Class A Common Stock 2021-11-22 J A 181,449 — 181,449 I — — (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO.
27 Common Class A Common Stock 2021-11-22 J D 181,449 — 0 I — — (F8) Each share of Class A Common Stock was exchanged for one share of Class B Common Stock effective upon the completion of the IPO.
28 Common Common Stock 2021-11-22 J D 2,100,000 — 0 D — — (F3) Represents restricted stock units that vest if and to the extent the issuer's stock price reaches specified levels. (F5) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO.
29 Derivative Stock Option (Right to Buy) 2021-06-16 A A 830,000 $0.00 830,000 D By spouse $10.76 · — to 2031-06-15 830,000 Common Stock (F10) 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.
30 Derivative Stock Option (Right to Buy) 2021-09-23 M D 195,745 $0.00 0 D By spouse $0.68 · — to 2024-05-01 195,745 Common Stock (F11) Fully vested.
31 Derivative Stock Option (Right to Buy) 2021-09-23 M D 125,000 $0.00 0 D See footnote $2.40 · — to 2026-03-18 125,000 Common Stock (F6) The shares are held by the JDRB Trust. (F11) Fully vested.
32 Derivative Stock Option (Right to Buy) 2021-09-23 M D 17,077 $0.00 14,173 D See footnote $3.14 · — to 2027-03-13 17,077 Common Stock (F6) The shares are held by the JDRB Trust. (F11) Fully vested.
33 Derivative Series B Preferred Stock 2021-11-21 C D 9,757 $0.00 0 I See footnote — · — to — 9,757 Common Stock (F6) The shares are held by the JDRB Trust. (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
34 Derivative Series C Preferred Stock 2021-11-21 C D 40,243 $0.00 0 I See footnote — · — to — 40,243 Common Stock (F6) The shares are held by the JDRB Trust. (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
35 Derivative Series A Preferred Stock 2021-11-21 C D 486,373 $0.00 0 I See footnote — · — to — 486,373 Common Stock (F6) The shares are held by the JDRB Trust. (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
36 Derivative Series B Preferred Stock 2021-11-21 C D 174,654 $0.00 0 I See footnote — · — to — 174,654 Common Stock (F7) The shares are held by Neman IV LLC. (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
37 Derivative Series C Preferred Stock 2021-11-21 C D 124,415 $0.00 0 I See footnote — · — to — 124,415 Common Stock (F7) The shares are held by Neman IV LLC. (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
38 Derivative Series E Preferred Stock 2021-11-21 C D 86,084 $0.00 0 I See footnote — · — to — 86,084 Common Stock (F7) The shares are held by Neman IV LLC. (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
39 Derivative Series F Preferred Stock 2021-11-21 C D 43,964 $0.00 0 I See footnote — · — to — 43,964 Common Stock (F7) The shares are held by Neman IV LLC. (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
40 Derivative Series A Preferred Stock 2021-11-21 C D 13,334 $0.00 0 I See footnote — · — to — 13,334 Common Stock (F7) The shares are held by Neman IV LLC. (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
41 Derivative Series C Preferred Stock 2021-11-21 C D 34,965 $0.00 0 I See footnote — · — to — 34,965 Common Stock (F1) The shares are held by Jonathan Neman Revocable Trust U/T/A dated October 7, 2016. (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
42 Derivative Series E Preferred Stock 2021-11-21 C D 49,140 $0.00 0 I See footnote — · — to — 49,140 Common Stock (F2) The shares are held by the Neman Descendants Trust U/T/A dated September 3, 2021. (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
43 Derivative Series F Preferred Stock 2021-11-21 C D 31,290 $0.00 0 I See footnote — · — to — 31,290 Common Stock (F9) The shares are held by Nicholas H. Jammet, as Trustee of the Jonathan Neman 2014 GRAT. (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
44 Derivative Series G Preferred Stock 2021-11-21 C D 166,666 $0.00 0 I — · — to — 166,666 Common Stock (F4) The share of Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m. Eastern time the Series A Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series E Preferred Stock, Series F Preferred Stock and Series G Preferred Stock automatically converted into shares of Common Stock in connection with the initial public offering of the Issuer's Class A Common Stock (the "IPO").
45 Derivative Class B Common Stock 2021-11-22 J A 4,002,684 $0.00 4,002,684 I — · — to — 4,002,684 Class A Common Stock (F13) Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. (F12) The shares of Class B Common Stock will convert automatically into shares of our Class A Common Stock on the final conversion date defined as the earlier of (i) the nine-month anniversary of the death or permanent disability of the last of the founders; (ii) the last trading day of the fiscal year during which the 10th anniversary of the effectiveness of the IPO registration statement occurs, or (iii) the date specified by a vote of the holders of a majority of the outstanding shares of Class B Common Stock; provided, however, that the final conversion date may be extended by the affirmative vote of the holders of the majority of the voting power of the then-outstanding shares of Class A Common Stock not held by a founder or an affiliate or permitted transferee of a founder and entitled to vote generally in the election of directors, voting together as a single class.
46 Derivative Class B Common Stock 2021-11-22 J A 500,000 $0.00 500,000 I — · — to — 500,000 Class A Common Stock (F13) Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. (F12) The shares of Class B Common Stock will convert automatically into shares of our Class A Common Stock on the final conversion date defined as the earlier of (i) the nine-month anniversary of the death or permanent disability of the last of the founders; (ii) the last trading day of the fiscal year during which the 10th anniversary of the effectiveness of the IPO registration statement occurs, or (iii) the date specified by a vote of the holders of a majority of the outstanding shares of Class B Common Stock; provided, however, that the final conversion date may be extended by the affirmative vote of the holders of the majority of the voting power of the then-outstanding shares of Class A Common Stock not held by a founder or an affiliate or permitted transferee of a founder and entitled to vote generally in the election of directors, voting together as a single class.
47 Derivative Class B Common Stock 2021-11-22 J A 181,449 $0.00 181,449 I — · — to — 181,449 Class A Common Stock (F13) Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. (F12) The shares of Class B Common Stock will convert automatically into shares of our Class A Common Stock on the final conversion date defined as the earlier of (i) the nine-month anniversary of the death or permanent disability of the last of the founders; (ii) the last trading day of the fiscal year during which the 10th anniversary of the effectiveness of the IPO registration statement occurs, or (iii) the date specified by a vote of the holders of a majority of the outstanding shares of Class B Common Stock; provided, however, that the final conversion date may be extended by the affirmative vote of the holders of the majority of the voting power of the then-outstanding shares of Class A Common Stock not held by a founder or an affiliate or permitted transferee of a founder and entitled to vote generally in the election of directors, voting together as a single class.
48 Derivative Stock Option (Right to Buy) 2021-11-22 J D 275,000 $0.00 0 D $0.96 · — to 2024-12-08 275,000 Common Stock (F11) Fully vested.
49 Derivative Stock Option (Right to Buy) 2021-11-22 J A 275,000 $0.00 275,000 D $0.96 · — to 2024-12-08 275,000 Class A Common Stock (F11) Fully vested.
50 Derivative Stock Option (Right to Buy) 2021-11-22 J D 14,173 $0.00 0 D $3.14 · — to 2027-03-13 14,173 Common Stock (F11) Fully vested.
51 Derivative Stock Option (Right to Buy) 2021-11-22 J A 14,173 $0.00 14,173 D $3.14 · — to 2027-03-13 14,173 Class A Common Stock (F11) Fully vested.
52 Derivative Stock Option (Right to Buy) 2021-11-22 J D 1,200,000 $0.00 0 D $3.73 · — to 2028-08-27 1,200,000 Common Stock (F11) Fully vested.
53 Derivative Stock Option (Right to Buy) 2021-11-22 J A 1,200,000 $0.00 1,200,000 D $3.73 · — to 2028-08-27 1,200,000 Class A Common Stock (F11) Fully vested.
54 Derivative Stock Option (Right to Buy) 2021-11-22 J D 200,000 $0.00 0 D $7.77 · — to 2029-12-04 200,000 Common Stock (F11) Fully vested.
55 Derivative Stock Option (Right to Buy) 2021-11-22 J A 200,000 $0.00 200,000 D $7.77 · — to 2029-12-04 200,000 Class A Common Stock (F11) Fully vested.
56 Derivative Stock Option (Right to Buy) 2021-11-22 J D 248,778 $0.00 0 D $7.77 · — to 2029-12-04 248,778 Common Stock (F14) The shares subject to the option are immediately exercisable. 25% of the shares subject to the original option vested on January 1, 2020, 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.
57 Derivative Stock Option (Right to Buy) 2021-11-22 J A 248,778 $0.00 248,778 D $7.77 · — to 2029-12-04 248,778 Class A Common Stock (F14) The shares subject to the option are immediately exercisable. 25% of the shares subject to the original option vested on January 1, 2020, 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.