Sec Form 13G Filing - Neman Jonathan filing for Sweetgreen Inc. (SG) - 2023-02-14

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

  Names of Reporting Persons

  Jonathan Neman

  Check the Appropriate Box if a Member of a Group (see instructions)

  (a)  ☐        (b)  ☐

  SEC USE ONLY

  Citizenship or Place of Organization

  United States

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With:

  Sole Voting Power

  8,015,458 shares (See Item 4 herein)

  Shared Voting Power

  50,000 (See Item 4 herein)

  Sole Dispositive Power

  8,015,458 shares (See Item 4 herein)

  Shared Dispositive Power

  50,000 (See Item 4 herein)

  Aggregate Amount Beneficially Owned by Each Reporting Person

  8,065,458 shares (See Item 4 herein)

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

  ☐

  Percent of Class Represented by Amount in Row 9

  7.10% of Common Stock (7.70% of Class A Common Stock)(See Item 4 herein)

  Type of Reporting Person (see instructions)

  IN

  Names of Reporting Persons

  Jonathan Neman Revocable Trust U/T/A dated October 7, 2016

  Check the Appropriate Box if a Member of a Group (see instructions)

  (a)  ☐        (b)  ☐

  SEC USE ONLY

  Citizenship or Place of Organization

  USA

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With:

  Sole Voting Power

  4,003,464 shares (See Item 4 herein)

  Shared Voting Power

  0 (See Item 4 herein)

  Sole Dispositive Power

  4,003,464 shares (See Item 4 herein)

  Shared Dispositive Power

  0 (See Item 4 herein)

  Aggregate Amount Beneficially Owned by Each Reporting Person

  4,003,464 shares (See Item 4 herein)

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

  ☐

  Percent of Class Represented by Amount in Row 9

  3.60% of Common Stock (3.94% of Class A Common Stock)(See Item 4 herein)

  Type of Reporting Person (see instructions)

  OO

  Names of Reporting Persons

  Jonathan Neman 2014 GRAT

  Check the Appropriate Box if a Member of a Group (see instructions)

  (a)  ☐        (b)  ☐

  SEC USE ONLY

  Citizenship or Place of Organization

  USA

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With:

  Sole Voting Power

  180,469 shares (See Item 4 herein)

  Shared Voting Power

  0 (See Item 4 herein)

  Sole Dispositive Power

  180,469 shares (See Item 4 herein)

  Shared Dispositive Power

  0 (See Item 4 herein)

  Aggregate Amount Beneficially Owned by Each Reporting Person

  180,469 shares (See Item 4 herein)

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

  ☐

  Percent of Class Represented by Amount in Row 9

  0.16% of Common Stock (0.18% of Class A Common Stock)(See Item 4 herein)

  Type of Reporting Person (see instructions)

  OO

  Names of Reporting Persons

  Neman Descendants Trust U/T/A dated September 3, 2021

  Check the Appropriate Box if a Member of a Group (see instructions)

  (a)  ☐        (b)  ☐

  SEC USE ONLY

  Citizenship or Place of Organization

  USA

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With:

  Sole Voting Power

  500,000 shares (See Item 4 herein)

  Shared Voting Power

  0 (See Item 4 herein)

  Sole Dispositive Power

  500,000 shares (See Item 4 herein)

  Shared Dispositive Power

  0 (See Item 4 herein)

  Aggregate Amount Beneficially Owned by Each Reporting Person

  500,000 shares (See Item 4 herein)

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

  ☐

  Percent of Class Represented by Amount in Row 9

  0.45% of Common Stock (0.51% of Class A Common Stock)(See Item 4 herein)

  Type of Reporting Person (see instructions)

  OO

  Names of Reporting Persons

  The JDRB Trust

  Check the Appropriate Box if a Member of a Group (see instructions)

  (a)  ☐        (b)  ☐

  SEC USE ONLY

  Citizenship or Place of Organization

  USA

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With:

  Sole Voting Power

  943,991 shares (See Item 4 herein)

  Shared Voting Power

  0 (See Item 4 herein)

  Sole Dispositive Power

  943,991 shares (See Item 4 herein)

  Shared Dispositive Power

  0 (See Item 4 herein)

  Aggregate Amount Beneficially Owned by Each Reporting Person

  943,991 shares (See Item 4 herein)

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

  ☐

  Percent of Class Represented by Amount in Row 9

  0.85% of Common Stock (0.97% of Class A Common Stock)(See Item 4 herein)

  Type of Reporting Person (see instructions)

  OO

Name of Person Filing:

Jonathan Neman

Jonathan Neman Revocable Trust U/T/A dated October 7, 2016 (“Revocable Trust”)

Jonathan Neman 2014 GRAT (“2014 GRAT”)

The JDRB Trust (“JDRB Trust”)

Neman Descendants Trust U/T/A dated September 3, 2021 (“Descendants Trust”)

Address of Principal Business Office or, if none, Residence: The address and principal business office of the Reporting Person is:

c/o Sweetgreen, Inc.

3102 36th Street

Los Angeles, CA 90018

Citizenship:

Jonathan Neman                                                         US Citizen

Revocable Trust                                                          California

2014 GRAT                                                                 District of Columbia

JDRB Trust                                                                 California

Descendants Trust                                                       Delaware

☐   Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);

☐   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

☐   Insurance company as defined in section 3(a)19) of the Act (15 U.S.C. 78c);

☐   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

☐   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

☐   An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

☐   A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

☐   A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

☐   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

☐   A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J);

☐   Group, in accordance with §240.13d–1(b)(1)(ii)(K).

(i) Sole power to vote or to direct the vote:

(ii)  Shared power to vote or to direct the vote:

(iii)  Sole power to dispose or to direct the disposition of:

(iv) Shared power to dispose or to direct the disposition of:

Includes 2,387,534 shares of Class A Common Stock issuable pursuant to stock options exercisable within 60 days of December 31, 2022.

Includes 50,000 shares held by Jonathan Neman’s spouse.

Ownership of 5 Percent or Less of a Class

Ownership of More than 5 Percent on Behalf of Another Person

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Identification and Classification of Members of the Group

Notice of Dissolution of a Group

Certification

Joint Filing Agreement