Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

CAVA GROUP, INC. Director's Dealing 2023

Jun 22, 2023

30840_dirs_2023-06-22_12349236-5aa9-4a17-afa5-f9de20289a75.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAVA GROUP, INC. (CAVA)
CIK: 0001639438
Period of Report: 2023-06-20

Reporting Person: KOCHEVAR KAREN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-06-20 Common Stock M 1323 Acquired 4722 Direct
2023-06-20 Common Stock A 5000 Acquired 9722 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-06-20 Series E Preferred Stock $ M 1323 Disposed Common Stock (1323) Direct

Footnotes

F1: Upon closing of the CAVA Group, Inc. (the "Issuer") initial public offering, each share of Series E Preferred Stock beneficially owned by the reporting person automatically converted, for no additional consideration, into common stock, par value $0.0001 per share ("Common Stock") on a one for one basis. These shares of Series E Preferred Stock had no expiration date. Shares reported reflect the 3-for-1 forward stock split of Common Stock which became effective on June 2, 2023 in connection with the Issuer's initial public offering.

F2: Reflects a grant of restricted stock units ("RSU"), which vest in full on the earlier of (i) June 14, 2024 and (ii) the business day before the date of next annual meeting of the Issuer's stockholders, subject to reporting person's continued service through such date. Each RSU represents a contingent right to receive one share of Common Stock upon settlement.

F3: Includes unvested RSUs.