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CAVA GROUP, INC. — Director's Dealing 2023
Jun 15, 2023
30840_dirs_2023-06-15_629ff572-383e-4668-a025-25231b9a4b29.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: CAVA GROUP, INC. (CAVA)
CIK: 0001639438
Period of Report: 2023-06-15
Reporting Person: SHAICH RONALD M (Director, 10% Owner)
Reporting Person: Cava Act III Trust, LLC (10% Owner)
Reporting Person: Cava Act III, LLC (10% Owner)
Reporting Person: Act III Holdings LLC (10% Owner)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series A Preferred Stock | $ | Common Stock (135462) | Indirect | ||
| Series D Preferred Stock | $ | Common Stock (1985877) | Indirect | ||
| Series E Preferred Stock | $ | Common Stock (3565926) | Indirect | ||
| Series E Preferred Stock | $ | Common Stock (5957634) | Indirect |
Footnotes
F1: The Series A Preferred Stock has no expiration date. Immediately prior to the closing of the initial public offering on June 20, 2023, the Series A Preferred Stock will automatically convert into fully paid and nonassessable shares of common stock, par value $0.0001 per share (the "Common Stock") on a one for one basis.
F2: Represents securities held by Cava Act III Trust, LLC.
F3: Cava Act III Trust, LLC is managed by Ronald M. Shaich and Cava Act III, LLC is managed by Act III Management, LLC, which is controlled by Mr. Shaich. Act III Holdings, LLC is the controlling holder of each of Cava Act III, LLC and Cava Act III Trust, LLC. Act III Holdings, LLC is controlled by Mr. Shaich. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
F4: The Series D Preferred Stock has no expiration date. Immediately prior to the closing of the initial public offering on June 20, 2023, the Series D Preferred Stock will automatically convert into fully paid and nonassessable shares of Common Stock on a one for one basis.
F5: The Series E Preferred Stock has no expiration date. Immediately prior to the closing of the initial public offering on June 20, 2023, the Series E Preferred Stock will automatically convert into fully paid and nonassessable shares of Common Stock on a one for one basis.
F6: Represents securities held by Cava Act III, LLC.