Form 4 for SG Sweetgreen, Inc.
Accepted 2021-11-23 00:00:00 ET · period of report 2021-06-16 · accession 0001209191-21-066602 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-11-23 | 2021-11-22 | SG | SINGER BRADLEY E | Dir | J - Other | — | 0 | 0 | New | — |
| D | 2021-11-23 | 2021-11-21 | SG | SINGER BRADLEY E | Dir | C - Cnv Deriv | — | +175.4K | 180.4K | +3,509% | — |
| DM | 2021-11-23 | 2021-11-22 | SG | SINGER BRADLEY E | Dir | J - Other | — | 0 | 180.4K | New | — |
| D | 2021-11-23 | 2021-10-24 | SG | SINGER BRADLEY E | Dir | A - Grant | $0.00 | +5,000 | 5,000 | New | $0 |
| DI | 2021-11-23 | 2021-11-21 | SG | SINGER BRADLEY E | Dir | C - Cnv Deriv | — | +58.5K | 58.5K | New | — |
| D | 2021-11-23 | 2021-06-16 | SG | SINGER BRADLEY E | Dir | A - Grant | $0.00 | +50.0K | 50.0K | New | $0 |
| DM | 2021-11-23 | 2021-11-22 | SG | SINGER BRADLEY E | Dir | J - Other | $0.00 | 0 | 50.0K | New | $0 |
| DI | 2021-11-23 | 2021-11-21 | SG | SINGER BRADLEY E | Dir | C - Cnv Deriv | $0.00 | -58.5K | 0 | -100% | $0 |
| D | 2021-11-23 | 2021-11-21 | SG | SINGER BRADLEY E | Dir | C - Cnv Deriv | $0.00 | -175.4K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-11-22 | J | A | 58,479 | — | 58,479 | I | — | — | (F3) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. |
| 2 | Common | Common Stock | 2021-11-21 | C | A | 175,438 | — | 180,438 | D | — | — | (F2) The shares of Series J Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m., the Series J Preferred Stock automatically converted into shares of Common Stock. (F4) Includes 5,000 shares subject to RSUs. |
| 3 | Common | Common Stock | 2021-11-22 | J | D | 180,438 | — | 0 | D | — | — | (F3) 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 | Class A Common Stock | 2021-11-22 | J | A | 180,438 | — | 180,438 | D | — | — | (F3) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. (F4) Includes 5,000 shares subject to RSUs. |
| 5 | Common | Common Stock | 2021-10-24 | A | A | 5,000 | $0.00 | 5,000 | D By Children's Trust | — | — | (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. |
| 6 | Common | Common Stock | 2021-11-21 | C | A | 58,479 | — | 58,479 | I By Children's Trust | — | — | (F2) The shares of Series J Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m., the Series J Preferred Stock automatically converted into shares of Common Stock. |
| 7 | Common | Common Stock | 2021-11-22 | J | D | 58,479 | — | 0 | I By Children's Trust | — | — | (F3) Each share of Common Stock was reclassified into one share of Class A Common Stock immediately prior to the completion of the IPO. |
| 8 | Derivative | Stock Option (Right to Buy) | 2021-06-16 | A | A | 50,000 | $0.00 | 50,000 | D By Children's Trust | $10.76 · — to 2031-06-15 | 50,000 Common Stock | (F5) The shares subject to the option vest monthly over 24 months measured from January 21, 2021, subject to the reporting person's continuous service through each applicable vesting date. |
| 9 | Derivative | Stock Option (Right to Buy) | 2021-11-22 | J | D | 50,000 | $0.00 | 0 | D | $10.76 · — to 2031-06-15 | 50,000 Common Stock | (F5) The shares subject to the option vest monthly over 24 months measured from January 21, 2021, subject to the reporting person's continuous service through each applicable vesting date. |
| 10 | Derivative | Series J Preferred Stock | 2021-11-21 | C | D | 58,479 | $0.00 | 0 | I | — · — to — | 58,479 Common Stock | (F2) The shares of Series J Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m., the Series J Preferred Stock automatically converted into shares of Common Stock. |
| 11 | Derivative | Series J Preferred Stock | 2021-11-21 | C | D | 175,438 | $0.00 | 0 | D | — · — to — | 175,438 Common Stock | (F2) The shares of Series J Preferred Stock are convertible into shares of Common Stock on a 1:1 basis and have no expiration date. At 11:59 p.m., the Series J Preferred Stock automatically converted into shares of Common Stock. |
| 12 | Derivative | Stock Option (Right to Buy) | 2021-11-22 | J | A | 50,000 | $0.00 | 50,000 | D | $10.76 · — to 2031-06-15 | 50,000 Class A Common Stock | (F5) The shares subject to the option vest monthly over 24 months measured from January 21, 2021, subject to the reporting person's continuous service through each applicable vesting date. |