Form 4 for GROV Grove Collaborative Holdings, Inc.
Accepted 2023-11-17 00:00:00 ET · period of report 2023-11-15 · accession 0001127602-23-027903 · 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 | 2023-11-17 | 2023-11-15 | GROV | REPLOGLE JOHN B | Dir | M - OptEx | — | +8,973 | 313.6K | +3% | — |
| DM | 2023-11-17 | 2023-11-15 | GROV | REPLOGLE JOHN B | Dir | M - OptEx | — | -8,973 | 31.4K | -22% | — |
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 | 2023-11-15 | M | A | 3,093 | — | 316,692 | D | — | — | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock |
| 2 | Common | Class A Common Stock | 2023-11-15 | M | A | 5,880 | — | 313,599 | D | — | — | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock |
| 3 | Derivative | Restricted Stock Units | 2023-11-15 | M | D | 3,093 | — | 24,744 | D | — · — to — | 3,093 Class A Common Stock | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock (F5) These RSUs vest approximately as follows: with respect to 201,039 RSUs, 15,459 vested and settled on November 15, 2022, and the rest will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on November 15, 2025, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. (F4) The RSUs have no expiration date. |
| 4 | Derivative | Restricted Stock Units | 2023-11-15 | M | D | 5,880 | — | 31,363 | D | — · — to — | 5,880 Class A Common Stock | (F2) Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock (F3) These RSUs vested 30% on November 15, 2022, and then 7.5% for each subsequent quarter of continuous service for the following year and then 5% for each subsequent quarter of continuous service for the following two years. (F4) The RSUs have no expiration date. |