Form 4 for GO Grocery Outlet Holding Corp.
Accepted 2022-03-07 00:00:00 ET · period of report 2022-03-03 · accession 0001771515-22-000031 · 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 | 2022-03-07 | 2022-03-03+ | GO | McAndrews Brian | See Remarks | S - Sale+OE | $29.10 | -12.1K | 24.5K | -33% | -$351.1K |
| D | 2022-03-07 | 2022-03-04 | GO | McAndrews Brian | See Remarks | M - OptEx | $10.30 | +10.0K | 34.5K | +41% | +$103.0K |
| D | 2022-03-07 | 2022-03-03 | GO | McAndrews Brian | See Remarks | A - Grant | $0.00 | +10.9K | 24.5K | +79% | $0 |
| D | 2022-03-07 | 2022-03-04 | GO | McAndrews Brian | See Remarks | M - OptEx | $0.00 | -10.0K | 31.2K | -24% | $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 | Common Stock | 2022-03-03 | S | D | 2,064 | $28.33 | 13,669 | D | — | — | |
| 2 | Common | Common Stock | 2022-03-04 | M | A | 10,000 | $10.30 | 34,533 | D | — | — | |
| 3 | Common | Common Stock | 2022-03-04 | S | D | 10,000 | $29.26 | 24,533 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.24 to $29.30, inclusive. The reporting person undertakes to provide to Grocery Outlet Holding Corp. (the "Issuer"), any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
| 4 | Common | Common Stock | 2022-03-03 | A | A | 10,864 | $0.00 | 24,533 | D | — | — | (F2) Represents 10,864 restricted stock units ("RSUs") granted to the reporting person that will entitle the reporting person to receive one share of the Issuer's Common Stock per RSU. The RSUs will vest, and the underlying shares will be concurrently issued in a series of three equal installments upon the reporting person's completion of each 12 month period of service over the period measured from March 1, 2022 to March 1, 2025, subject to the continued service of the reporting person through such vesting dates. Does not include up to an additional 16,295 unvested performance stock units at target achievement (or up to an additional 32,590 unvested performance stock units at maximum achievement) which are eligible to vest upon the achievement of certain performance-based vesting conditions. |
| 5 | Derivative | Stock Options (Right to Buy) | 2022-03-04 | M | D | 10,000 | $0.00 | 31,165 | D | $10.30 · — to 2028-06-25 | 10,000 Common Stock | (F4) Represents previously granted stock options which were deemed earned and acquired upon the satisfaction of certain performance vesting criteria. These stock options are vested and exercisable. |