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_047cf536-62ee-4853-b1ce-c84e139fc5a1.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: 2023-01-20

Reporting Person: Somers Jennifer (Chief Operations Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-01-20 Common Stock J 1692 $9.58 Disposed 127653 Direct
2023-04-03 Common Stock A 13317 Acquired 140970 Direct
2023-06-20 Common Stock A 25568 Acquired 166538 Direct
2023-06-20 Common Stock P 300 $22 Acquired 300 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-04-03 Stock Options (right to buy) $9.58 A 27456 Acquired 2033-04-03 Common Stock (27456) Direct
2023-06-20 Stock Options (right to buy) $22 A 50268 Acquired 2033-06-14 Common Stock (50268) Direct

Footnotes

F1: Represents shares that have been withheld by CAVA Group, Inc. (the "Issuer") to satisfy the tax withholding obligations in connection with the net settlement of restricted stock units ("RSUs").

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.

F3: Includes unvested RSUs.

F4: On April 3, 2023 reporting person was granted RSUs which vest in four equal annual installments commencing on January 24, 2024. Each RSU represents a contingent right to receive one share of Common Stock upon settlement. Such securities were originally included on the Form 3 filed by the reporting person on June 15, 2023.

F5: Reflects a grant of RSUs which vest in four equal annual installments commencing on June 14, 2024. Each RSU represents a contingent right to receive one share of Common Stock upon settlement.

F6: 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.

F7: Reflects a grant of options to purchase shares of Common Stock which vest in four equal annual installments commencing on June 14, 2024.