Form 4 for CAVA CAVA GROUP, INC.
Accepted 2023-06-22 00:00:00 ET · period of report 2023-01-01 · accession 0001628280-23-023134 · 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 | 2023-06-22 | 2023-01-01+ | CAVA | Schulman Brett | CEO, Pres, Dir | J - Other | $9.58 | -28.1K | 503.0K | -5% | -$269.4K |
| DM | 2023-06-22 | 2023-04-03+ | CAVA | Schulman Brett | CEO, Pres, Dir | A - Grant | $0.00 | +356.6K | 992.4K | +56% | $0 |
| D | 2023-06-22 | 2023-06-20 | CAVA | Schulman Brett | CEO, Pres, Dir | M - OptEx | — | +147.1K | 660.0K | +29% | — |
| DMI | 2023-06-22 | 2023-06-20 | CAVA | Schulman Brett | CEO, Pres, Dir | M - OptEx | — | +740.2K | 682.7K | New | — |
| D | 2023-06-22 | 2023-06-20 | CAVA | Schulman Brett | CEO, Pres, Dir | M - OptEx | $0.00 | -147.1K | 0 | -100% | $0 |
| DM | 2023-06-22 | 2023-04-03+ | CAVA | Schulman Brett | CEO, Pres, Dir | A - Grant | $0.00 | +697.0K | 647.1K | New | $0 |
| DMI | 2023-06-22 | 2023-06-20 | CAVA | Schulman Brett | CEO, Pres, Dir | M - OptEx | $0.00 | -740.2K | 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 | Common Stock | 2023-01-20 | J | D | 14,289 | $9.58 | 488,685 | D By LLC | — | — | (F2) The number of shares of common stock, par value $0.0001 per share (the "Common Stock"), of the Issuer reported in this Form 4 reflects the 3-for-1 forward stock split of Common Stock (the "Stock Split"), which became effective on June 2, 2023 in connection with the Issuer's initial public offering (the "IPO"). (F3) Includes unvested RSUs. |
| 2 | Common | Common Stock | 2023-04-03 | A | A | 24,207 | $0.00 | 512,891 | D | — | — | (F2) The number of shares of common stock, par value $0.0001 per share (the "Common Stock"), of the Issuer reported in this Form 4 reflects the 3-for-1 forward stock split of Common Stock (the "Stock Split"), which became effective on June 2, 2023 in connection with the Issuer's initial public offering (the "IPO"). (F3) Includes unvested RSUs. |
| 3 | Common | Common Stock | 2023-06-20 | M | A | 147,144 | — | 660,035 | D | — | — | (F5) Upon closing of the Issuer's IPO, each share of Series A Preferred Stock beneficially owned by the reporting person automatically converted, for no additional consideration, into shares of Common Stock on a one for one basis. These shares of Series A Preferred Stock had no expiration date. (F3) Includes unvested RSUs. |
| 4 | Common | Common Stock | 2023-06-20 | A | A | 332,386 | $0.00 | 992,421 | D | — | — | (F3) Includes unvested RSUs. |
| 5 | Common | Common Stock | 2023-06-20 | M | A | 57,495 | — | 57,495 | I | — | — | (F5) Upon closing of the Issuer's IPO, each share of Series A Preferred Stock beneficially owned by the reporting person automatically converted, for no additional consideration, into shares of Common Stock on a one for one basis. These shares of Series A Preferred Stock had no expiration date. |
| 6 | Common | Common Stock | 2023-01-01 | J | D | 13,827 | $9.58 | 502,974 | D By Spouse | — | — | (F2) The number of shares of common stock, par value $0.0001 per share (the "Common Stock"), of the Issuer reported in this Form 4 reflects the 3-for-1 forward stock split of Common Stock (the "Stock Split"), which became effective on June 2, 2023 in connection with the Issuer's initial public offering (the "IPO"). (F3) Includes unvested RSUs. |
| 7 | Common | Common Stock | 2023-06-20 | M | A | 682,710 | — | 682,710 | I | — | — | (F5) Upon closing of the Issuer's IPO, each share of Series A Preferred Stock beneficially owned by the reporting person automatically converted, for no additional consideration, into shares of Common Stock on a one for one basis. These shares of Series A Preferred Stock had no expiration date. |
| 8 | Derivative | Series A Preferred Stock | 2023-06-20 | M | D | 147,144 | $0.00 | 0 | D By LLC | — · — to — | 147,144 Common Stock | (F5) Upon closing of the Issuer's IPO, each share of Series A Preferred Stock beneficially owned by the reporting person automatically converted, for no additional consideration, into shares of Common Stock on a one for one basis. These shares of Series A Preferred Stock had no expiration date. |
| 9 | Derivative | Stock Options (right to buy) | 2023-04-03 | A | A | 49,908 | $0.00 | 49,908 | D By Spouse | $9.58 · — to 2033-04-03 | 49,908 Common Stock | (F7) On April 3, 2023 reporting person was granted options to purchase shares of Common Stock which vest in four equal annual installments commencing on January 24, 2024. Such securities were originally included on the Form 3 filed by the reporting person on June 15, 2023. Reflects the Stock Split. |
| 10 | Derivative | Series A Preferred Stock | 2023-06-20 | M | D | 682,710 | $0.00 | 0 | I | — · — to — | 682,710 Common Stock | (F5) Upon closing of the Issuer's IPO, each share of Series A Preferred Stock beneficially owned by the reporting person automatically converted, for no additional consideration, into shares of Common Stock on a one for one basis. These shares of Series A Preferred Stock had no expiration date. |
| 11 | Derivative | Stock Options (right to buy) | 2023-06-20 | A | A | 647,123 | $0.00 | 647,123 | D | $22.00 · — to 2033-06-14 | 647,123 Common Stock | (F8) Reflects a grant of options to purchase shares of Common Stock which vest in five equal annual installments commencing on June 14, 2024. |
| 12 | Derivative | Series A Preferred Stock | 2023-06-20 | M | D | 57,495 | $0.00 | 0 | I | — · — to — | 57,495 Common Stock | (F5) Upon closing of the Issuer's IPO, each share of Series A Preferred Stock beneficially owned by the reporting person automatically converted, for no additional consideration, into shares of Common Stock on a one for one basis. These shares of Series A Preferred Stock had no expiration date. |