CAVA GROUP, INC. — Director's Dealing 2023

Jun 15, 2023

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CAVA GROUP, INC. (CAVA)
CIK: 0001639438
Period of Report: 2023-06-15

Reporting Person: Xenohristos Theodoros (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	93954	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series A Preferred Stock	$		Common Stock (455775)		Direct
Stock Options (right to buy)	$1.28	2025-08-04	Common Stock (98490)		Direct
Stock Options (right to buy)	$6.75	2032-05-10	Common Stock (21633)		Direct
Stock Options (right to buy)	$9.58	2033-04-03	Common Stock (14418)		Direct

Footnotes

F1: Includes 92,490 unvested restricted stock units ("RSUs") of which 7,155 will vest in three equal annual installments commencing January 20, 2024, 6,993 will vest in four equal annual installments commencing January 24, 2024 and 78,342 will vest in four equal annual installments commencing May 8, 2024. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share (the "Common Stock") upon settlement.

F2: 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 on a one for one basis.

F3: These options are fully vested.

F4: Options granted on May 10, 2022 which vest in four equal annual installments commencing on January 20, 2023.

F5: Options granted on April 3, 2023 which vest in four equal annual installments commencing on January 24, 2024.