New insider Costanza Kelly claimed ownership of 141,664 shares (SEC Form 3)
$CAVA
Restaurants
Consumer Discretionary
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 12/11/2024 |
3. Issuer Name and Ticker or Trading Symbol
CAVA GROUP, INC. [ CAVA ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 141,664(1) | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Stock Options (right to buy) | (2) | 05/10/2032 | Common Stock | 31,803 | $6.75 | D | |
| Stock Options (right to buy) | (3) | 04/03/2033 | Common Stock | 21,195 | $9.58 | D | |
| Stock Options (right to buy) | (4) | 06/14/2033 | Common Stock | 50,268 | $22 | D | |
| Explanation of Responses: |
| 1. Includes 96,303 unvested restricted stock units ("RSUs") of which 17,409 will vest in one annual installment commencing January 1, 2025, 7,011 will vest in two equal annual installments commencing January 20, 2025, 45,000 will vest in two equal annual installments commencing May 20, 2025, 7,707 will vest in three equal annual installments commencing January 24, 2025, and 19,176 will vest in three equal annual installments commencing June 14, 2025. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share, upon settlement. |
| 2. Options granted on May 10, 2022, which vest in four equal annual installments commencing on January 20, 2023. |
| 3. Options granted on April 3, 2023, which vest in four equal annual installments commencing on January 24, 2024. |
| 4. Options granted on June 14, 2023, which vest in four equal annual installments commencing on June 14, 2024. |
| Remarks: |
| Exhibit List - Exhibit 24 Power of Attorney |
| /s/ Kenneth Robert Bertram, as Attorney-in-Fact | 12/20/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||