Adam David Phillips - Apr 3, 2023 Form 4 Insider Report for CAVA GROUP, INC. (CAVA)

Role
Chief Accounting Officer
Signature
/s/ Kenneth Robert Bertram, as Attorney-in-Fact
Stock symbol
CAVA
Transactions as of
Apr 3, 2023
Transactions value $
$0
Form type
4
Date filed
6/22/2023, 04:35 PM
Next filing
Jun 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAVA Common Stock Award $0 +5.03K $0.00 5.03K Apr 3, 2023 Direct F1, F2, F3
transaction CAVA Common Stock Award $0 +6.83K +135.9% $0.00 11.9K Jun 20, 2023 Direct F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CAVA Stock Options (right to buy) Award $0 +10.4K $0.00 10.4K Apr 3, 2023 Common Stock 10.4K $9.58 Direct F5
transaction CAVA Stock Options (right to buy) Award $0 +11.1K $0.00 11.1K Jun 20, 2023 Common Stock 11.1K $22.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 3, 2023 reporting person was granted restricted stock units ("RSU") 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, par value $0.0001 per share (the "Common Stock") upon settlement. Such securities were originally included on the Form 3 filed by the reporting person on June 15, 2023. 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.
F2 The number of shares of Common Stock of CAVA Group, Inc. (the "Issuer") reported in this Form 4 reflects the Stock Split.
F3 Includes unvested RSUs.
F4 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 the Issuer's common stock upon settlement.
F5 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.
F6 Reflects a grant of options to purchase shares of Common Stock which vest in four equal annual installments commencing on June 14, 2024.