Form 4 for GROV Grove Collaborative Holdings, Inc.
Accepted 2023-05-26 00:00:00 ET · period of report 2023-05-25 · accession 0001127602-23-016953 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-05-26 | 2023-05-25 | GROV | Clark Christopher | Chief Digital Off, Dir | F - Tax | $0.53 | -49.4K | 603.0K | -8% | -$26.2K |
| D | 2023-05-26 | 2023-05-25 | GROV | Clark Christopher | Chief Digital Off, Dir | M - OptEx | — | +107.7K | 652.4K | +20% | — |
| D | 2023-05-26 | 2023-05-25 | GROV | Clark Christopher | Chief Digital Off, Dir | M - OptEx | — | -107.7K | 969.4K | -10% | — |
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 | 2023-05-25 | F | D | 49,387 | $0.53 | 602,977 | D | — | — | (F2) 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 | 2023-05-25 | M | A | 107,711 | — | 652,364 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock |
| 3 | Derivative | Restricted Stock Units | 2023-05-25 | M | D | 107,711 | — | 969,403 | D | — · — to — | 107,711 Class A Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock (F3) 1/10th of the shares subject to the Award shall vest on each of the Company's Standard Quarterly Vesting Dates (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 with the first quarterly vesting date in the next calendar quarter following the Vesting Commencement Date. 107,711 shares vested on 5/15/23 and settled on 5/25/23. (F4) The RSUs have no expiration date. |