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CAVA GROUP, INC. — Director's Dealing 2024
Jun 18, 2024
30840_dirs_2024-06-18_6dc53535-1b5b-4af2-9dc9-547179087217.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: 2024-06-14
Reporting Person: Schulman Brett (Director, CEO and President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-06-14 | Common Stock | M | 40000 | $1.28 | Acquired | 1002616 | Direct |
| 2024-06-14 | Common Stock | F | 32108 | $89.93 | Disposed | 970508 | Direct |
| 2024-06-14 | Common Stock | S | 66414 | $90.11 | Disposed | 904094 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-06-14 | Stock Options (right to buy) | $1.28 | M | 40000 | Disposed | 2025-08-04 | Common Stock (40000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 57495 | Indirect |
| Common Stock | 682710 | Indirect |
Footnotes
F1: Includes 3,488 shares of common stock, par value $0.001 ("Common Stock") of Cava Group, Inc. (the "Issuer") received via pro-rata in-kind distributions from SWaN & Legend Fund 3, LP and SWaN & Legend Fund 4, LP to its respective limited partners and unvested restricted stock units ("RSUs").
F2: Represents shares of Common Stock that have been withheld by the Issuer to satisfy the tax withholding obligations in connection with the net settlement of RSUs.
F3: Includes unvested RSUs.
F4: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.74 to $90.51, inclusive. The reporting person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.
F5: These options are fully vested.