Form 4 for GROV Grove Collaborative Holdings, Inc.
Accepted 2023-05-17 00:00:00 ET · period of report 2023-05-15 · accession 0001127602-23-016018 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-05-17 | 2023-05-15 | GROV | Landesberg Stuart | Pres, CEO, Dir, 10% | F - Tax | $0.49 | -929.6K | 3.20M | -23% | -$455.5K |
| DM | 2023-05-17 | 2023-05-15 | GROV | Landesberg Stuart | Pres, CEO, Dir, 10% | M - OptEx | — | +1.87M | 3.21M | +140% | — |
| DM | 2023-05-17 | 2023-05-15 | GROV | Landesberg Stuart | Pres, CEO, Dir, 10% | M - OptEx | — | -1.87M | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-05-15 | F | D | 78,590 | $0.49 | 2,644,777 | D | — | — | (F3) These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability. |
| 2 | Common | Class A Common Stock | 2023-05-15 | M | A | 824,774 | — | 3,469,551 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock |
| 3 | Common | Class A Common Stock | 2023-05-15 | F | D | 408,923 | $0.49 | 3,060,628 | D | — | — | (F3) These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability. |
| 4 | Common | Class A Common Stock | 2023-05-15 | M | A | 10,889 | — | 3,071,517 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock |
| 5 | Common | Class A Common Stock | 2023-05-15 | F | D | 5,399 | $0.49 | 3,066,118 | D | — | — | (F3) These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability. |
| 6 | Common | Class A Common Stock | 2023-05-15 | M | A | 268,242 | — | 3,334,360 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock |
| 7 | Common | Class A Common Stock | 2023-05-15 | M | A | 158,510 | — | 2,723,367 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock (F2) Total includes 10,000 shares purchased on May 15, 2023, pursuant to the Issuer's Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c). |
| 8 | Common | Class A Common Stock | 2023-05-15 | F | D | 187,452 | $0.49 | 3,510,195 | D | — | — | (F3) These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability. |
| 9 | Common | Class A Common Stock | 2023-05-15 | M | A | 378,078 | — | 3,697,647 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock |
| 10 | Common | Class A Common Stock | 2023-05-15 | F | D | 111,697 | $0.49 | 3,319,569 | D | — | — | (F3) These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability. |
| 11 | Common | Class A Common Stock | 2023-05-15 | M | A | 225,286 | — | 3,431,266 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock |
| 12 | Common | Class A Common Stock | 2023-05-15 | F | D | 4,540 | $0.49 | 3,205,980 | D | — | — | (F3) These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability. |
| 13 | Common | Class A Common Stock | 2023-05-15 | F | D | 132,995 | $0.49 | 3,201,365 | D | — | — | (F3) These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability. |
| 14 | Common | Class A Common Stock | 2023-05-15 | M | A | 9,155 | — | 3,210,520 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock |
| 15 | Derivative | Restricted Stock Units | 2023-05-15 | M | D | 10,889 | — | 0 | D | — · — to — | 10,889 Class A Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock (F6) These RSUs shall vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date (F5) The RSUs have no expiration date. |
| 16 | Derivative | Restricted Stock Units | 2023-05-15 | M | D | 268,242 | — | 0 | D | — · — to — | 268,242 Class A Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock (F6) These RSUs shall vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date (F5) The RSUs have no expiration date. |
| 17 | Derivative | Restricted Stock Units | 2023-05-15 | M | D | 225,286 | — | 2,478,145 | D | — · — to — | 225,286 Class A Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock (F7) These RSUs will vest in twelve equal installments on each February 15th, May 15th, August 15th and November 15th of each year (provided, that if such date occurs on a weekend or federal holiday, vesting shall occur on the next business day) beginning on May 15, 2023, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason. (F5) The RSUs have no expiration date. |
| 18 | Derivative | Restricted Stock Units | 2023-05-15 | M | D | 378,078 | — | 3,402,699 | D | — · — to — | 378,078 Class A Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock (F7) These RSUs will vest in twelve equal installments on each February 15th, May 15th, August 15th and November 15th of each year (provided, that if such date occurs on a weekend or federal holiday, vesting shall occur on the next business day) beginning on May 15, 2023, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason. (F5) The RSUs have no expiration date. |
| 19 | Derivative | Restricted Stock Units | 2023-05-15 | M | D | 824,774 | — | 0 | D | — · — to — | 824,774 Class A Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock (F6) These RSUs shall vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date (F5) The RSUs have no expiration date. |
| 20 | Derivative | Restricted Stock Units | 2023-05-15 | M | D | 158,510 | — | 1,072,957 | D | — · — to — | 158,510 Class A Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock (F4) These RSUs will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2025, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. (F5) The RSUs have no expiration date. |
| 21 | Derivative | Restricted Stock Units | 2023-05-15 | M | D | 9,155 | — | 0 | D | — · — to — | 9,155 Class A Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock (F6) These RSUs shall vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date (F5) The RSUs have no expiration date. |