Form 4 for GROV Grove Collaborative Holdings, Inc.
Accepted 2022-11-17 00:00:00 ET · period of report 2022-11-15 · accession 0001140361-22-042149 · 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 | 2022-11-17 | 2022-11-15 | GROV | Landesberg Stuart | Pres, CEO, Dir | F - Tax | $1.20 | -1.09M | 1.63M | -40% | -$1.31M |
| D | 2022-11-17 | 2022-11-15 | GROV | Landesberg Stuart | Pres, CEO, Dir | M - OptEx | — | +2.45M | 2.72M | +914% | — |
| DM | 2022-11-17 | 2022-11-15 | GROV | Landesberg Stuart | Pres, CEO, Dir | M - OptEx | $0.00 | -2.45M | 1.67M | -59% | $0 |
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 | 2022-11-15 | F | D | 1,089,198 | $1.20 | 1,627,571 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-11-15 | M | A | 2,448,961 | — | 2,716,769 | 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 | 2022-11-15 | M | D | 554,792 | $0.00 | 1,981,388 | D | — · — to — | 554,792 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 vest approximately as follows: (i) with respect to 1,109,586 RSUs, 50% vested on October 27, 2022 and settled on November 15, 2022, and the remaining 50% will 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, and (ii) with respect to 1,426,594 RSUs, these 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. The RSUs have no expiration date. |
| 4 | Derivative | Restricted Stock Units | 2022-11-15 | M | D | 1,894,169 | $0.00 | 1,671,326 | D | — · — to — | 1,894,169 Class A Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock. (F3) These RSUs vest approximately as follows: (i) with respect to 3,342,651 RSUs, 50% vested on October 27, 2022 and settled on November 15, 2022, and the remaining 50% will 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, and (ii) with respect to 222,844 RSUs, these vested and settled on November 15, 2022. The RSUs have no expiration date. |