CAVA GROUP, INC. — Director's Dealing 2023

Jun 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Artal International S.C.A. (Director, 10% Owner)
Reporting Person: Artal International Management S.A. (Director, 10% Owner)
Reporting Person: Artal Group S.A. (Director, 10% Owner)
Reporting Person: Westend S.A. (Director, 10% Owner)
Reporting Person: Wittouck Amaury (Director, 10% Owner)
Reporting Person: Stichting Administratiekantoor Westend (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-20	Common Stock	M	1568865	—	Acquired	1568865	Direct
2023-06-20	Common Stock	M	3486366	—	Acquired	5055231	Direct
2023-06-20	Common Stock	M	1845864	—	Acquired	6901095	Direct
2023-06-20	Common Stock	M	861339	—	Acquired	7762434	Direct
2023-06-20	Common Stock	M	22252464	—	Acquired	30014898	Direct
2023-06-20	Common Stock	M	1993092	—	Acquired	32007990	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-20	Series A Preferred Stock	$	M	1568865	Disposed		Common Stock (1568865)	Direct
2023-06-20	Series B Preferred Stock	$	M	3486366	Disposed		Common Stock (3486366)	Direct
2023-06-20	Series C Preferred Stock	$	M	1845864	Disposed		Common Stock (1845864)	Direct
2023-06-20	Series D Preferred Stock	$	M	861339	Disposed		Common Stock (861339)	Direct
2023-06-20	Series E Preferred Stock	$	M	22252464	Disposed		Common Stock (22252464)	Direct
2023-06-20	Series F Preferred Stock	$	M	1993092	Disposed		Common Stock (1993092)	Direct

Footnotes

F1: Upon closing of the CAVA Group, Inc. (the "Issuer") initial public offering (the "IPO"), each share of Series A Preferred Stock beneficially owned by the Reporting Persons automatically converted, for no additional consideration, into shares of common stock, par value $0.0001 per share (the "Common Stock") on a one for one basis. These shares of Series A Preferred Stock had no expiration date.

F2: Upon closing of the Issuer's IPO, each share of Series B Preferred Stock beneficially owned by the Reporting Persons automatically converted, for no additional consideration, into shares of Common Stock on a one for one basis. These shares of Series B Preferred Stock had no expiration date.

F3: Upon closing of the Issuer's IPO, each share of Series C Preferred Stock beneficially owned by the Reporting Persons automatically converted, for no additional consideration, into shares of Common Stockon a one for one basis. These shares of Series C Preferred Stock had no expiration date.

F4: Upon closing of the Issuer's IPO, each share of Series D Preferred Stock beneficially owned by the Reporting Persons automatically converted, for no additional consideration, into shares of Common Stock on a one for one basis. These shares of Series D Preferred Stock had no expiration date.

F5: Upon closing of the Issuer's IPO, each share of Series E Preferred Stock beneficially owned by the Reporting Persons automatically converted, for no additional consideration, into shares of Common Stock on a one for one basis. These shares of Series E Preferred Stock had no expiration date.

F6: Upon closing of the Issuer's IPO, each share of Series F Preferred Stock beneficially owned by the Reporting Persons automatically converted, for no additional consideration, into shares of Common Stock on a one for one basis. These shares of Series F Preferred Stock had no expiration date.

F7: The securities are held directly by Artal International S.C.A. The managing partner of Artal International S.C.A. is Artal International Management S.A. The sole stockholder of Artal International Management S.A. is Artal Group S.A. The parent company of Artal Group S.A. is Westend S.A. The majority stockholder of Westend S.A. is Stichting Administratiekantoor Westend (the "Stichting"). Mr. Amaury Wittouck is the sole member of the board of the Stichting.

F8: (Continued from Footnote 7) Each of the Reporting Persons, other than Artal International S.C.A., disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Exchange Act, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 of the Exchange Act or for any other purpose.