InsiderTrades

Form 4 for GROV Grove Collaborative Holdings, Inc.

Accepted 2023-07-17 00:00:00 ET · period of report 2023-07-14 · accession 0000899243-23-017400 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
DMI 2023-07-17 2023-07-14 GROV Mayfield Select Management (EGP), L.P. 10% C - Cnv Deriv — +2.88M 472.3K New —
DMI 2023-07-17 2023-07-14 GROV Mayfield Select Management (EGP), L.P. 10% S - Sale $1.60 -930.0K 322.3K -74% -$1.49M
DMI 2023-07-17 2023-07-14 GROV Mayfield Select Management (EGP), L.P. 10% C - Cnv Deriv $0.00 -2.88M 42.8K -99% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Common Stock 2023-07-14 C A 2,443,783 — 2,443,783 I Mayfield XV, a Cayman Islands Exempted Limited Partnership — — (F1) Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date. (F2) Mayfield XV Management (UGP), Ltd., a Cayman Islands Exempted Company (MF XV UGP), is the general partner of Mayfield XV Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership (MF XV EGP), which is the general partner of Mayfield XV, a Cayman Islands Exempted Limited Partnership (MF XV). Rajeev Batra, Navin Chaddha, and Urshit Parikh, the directors of MF XV UGP, may be deemed to share beneficial ownership of the shares owned by MF XV, but each of the individuals disclaims such beneficial ownership.
2 Common Class A Common Stock 2023-07-14 C A 432,296 — 472,296 I Mayfield Select, a Cayman Islands Exempted Limited Partnership — — (F1) Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date. (F3) Mayfield Select Management (UGP), Ltd., a Cayman Islands Exempted Company (MF Select UGP), is the general partner of Mayfield Select Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership (MF Select EGP), which is the general partner of Mayfield Select, a Cayman Islands Exempted Limited Partnership (MF Select). Messrs. Batra, Chaddha, and Parikh, the directors of MF Select UGP, may be deemed to share beneficial ownership of the shares owned by MF Select, but each of the individuals disclaims such beneficial ownership.
3 Common Class A Common Stock 2023-07-14 S D 780,000 $1.60 1,663,783 I Mayfield XV, a Cayman Islands Exempted Limited Partnership — — (F2) Mayfield XV Management (UGP), Ltd., a Cayman Islands Exempted Company (MF XV UGP), is the general partner of Mayfield XV Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership (MF XV EGP), which is the general partner of Mayfield XV, a Cayman Islands Exempted Limited Partnership (MF XV). Rajeev Batra, Navin Chaddha, and Urshit Parikh, the directors of MF XV UGP, may be deemed to share beneficial ownership of the shares owned by MF XV, but each of the individuals disclaims such beneficial ownership.
4 Common Class A Common Stock 2023-07-14 S D 150,000 $1.60 322,296 I Mayfield Select, a Cayman Islands Exempted Limited Partnership — — (F3) Mayfield Select Management (UGP), Ltd., a Cayman Islands Exempted Company (MF Select UGP), is the general partner of Mayfield Select Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership (MF Select EGP), which is the general partner of Mayfield Select, a Cayman Islands Exempted Limited Partnership (MF Select). Messrs. Batra, Chaddha, and Parikh, the directors of MF Select UGP, may be deemed to share beneficial ownership of the shares owned by MF Select, but each of the individuals disclaims such beneficial ownership.
5 Derivative Class B Common Stock 2023-07-14 C D 2,443,783 $0.00 241,991 I Mayfield XV, a Cayman Islands Exempted Limited Partnership — · — to — 2,443,783 Class A Common Stock (F4) Represents restricted shares of Class B Common Stock that will vest in two substantially equal installments if the daily volume weighted average price ("VWAP") per share of the Issuer's Class A Common Stock for any 20 trading days within any 30-trading-day period prior to June 16, 2032 equals or exceeds the following thresholds: $62.50 and $75.00. Includes 23,287 shares of Class B Common Stock received pursuant to a post-closing earnout adjustment exempt from reporting pursuant to Rule 16a-9. (F1) Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.
6 Derivative Class B Common Stock 2023-07-14 C D 432,296 $0.00 42,807 I Mayfield Select, a Cayman Islands Exempted Limited Partnership — · — to — 432,296 Class A Common Stock (F5) Represents restricted shares of Class B Common Stock that will vest in two substantially equal installments if the daily volume weighted average price ("VWAP") per share of the Issuer's Class A Common Stock for any 20 trading days within any 30-trading-day period prior to June 16, 2032 equals or exceeds the following thresholds: $62.50 and $75.00. Includes 4,119 shares of Class B Common Stock received pursuant to a post-closing earnout adjustment exempt from reporting pursuant to Rule 16a-9. (F2) Mayfield XV Management (UGP), Ltd., a Cayman Islands Exempted Company (MF XV UGP), is the general partner of Mayfield XV Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership (MF XV EGP), which is the general partner of Mayfield XV, a Cayman Islands Exempted Limited Partnership (MF XV). Rajeev Batra, Navin Chaddha, and Urshit Parikh, the directors of MF XV UGP, may be deemed to share beneficial ownership of the shares owned by MF XV, but each of the individuals disclaims such beneficial ownership. (F1) Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.