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CAVA GROUP, INC. — Director's Dealing 2023
Jun 22, 2023
30840_dirs_2023-06-22_12349236-5aa9-4a17-afa5-f9de20289a75.zip
Director's Dealing
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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.