Form 4 for SG Sweetgreen, Inc.

Accepted 2021-11-23 00:00:00 ET · period of report 2021-10-24 · accession 0001209191-21-066595 · 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
	2021-11-23	2021-11-22	SG	BURROWS CLIFFORD	Dir	P - Purchase	$28.00	+8,928	78.9K	+13%	+$250.0K
M	2021-11-23	2021-11-22	SG	BURROWS CLIFFORD	Dir	J - Other	—	0	70.0K	New	—
	2021-11-23	2021-10-24	SG	BURROWS CLIFFORD	Dir	A - Grant	$0.00	+10.0K	70.0K	+17%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2021-11-22	P	A	8,928	$28.00	78,928	D	—	—	(F3) Includes 10,000 shares subject to RSUs.
2	Common	Common Stock	2021-11-22	J	D	70,000	—	0	D	—	—	(F2) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO.
3	Common	Common Stock	2021-10-24	A	A	10,000	$0.00	70,000	D	—	—	(F1) Represents restricted stock units ("RSUs") that are subject to both a time based vesting requirement and a liquidity event vesting requirement. The liquidity event vesting requirement was met upon the consummation of the initial public offering of the Issuer's Class A Common Stock (the "IPO"). The time based vesting requirement was satisfied with respect to 25% of the shares on November 15, 2021 and will be satisfied with respect to an additional 25% of the shares on each of February 15, 2022, May 15, 2022 and August 15, 2022, subject to the reporting person's continuous service through each applicable vesting date.
4	Common	Class A Common Stock	2021-11-22	J	A	70,000	—	70,000	D	—	—	(F2) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. (F3) Includes 10,000 shares subject to RSUs.