Sean Sullivan - May 4, 2022 Form 4 Insider Report for Duckhorn Portfolio, Inc. (NAPA)

Role
Officer
Signature
/s/ Sean Sullivan, as attorney-in-fact
Stock symbol
NAPA
Transactions as of
May 4, 2022
Transactions value $
-$403,038
Form type
4
Date filed
5/6/2022, 05:00 PM
Previous filing
Sep 23, 2022
Next filing
May 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAPA Common Stock Sale -$314K -15.6K -7.62% $20.13 189K May 4, 2022 Direct F1, F2
transaction NAPA Common Stock Sale -$88.8K -4.44K -2.34% $20.01 185K May 5, 2022 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.25. The Reporting Person undertakes to provide The Duckhorn Portfolio, Inc., any security holder of The Duckhorn Portfolio, Inc., 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 range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.10. The Reporting Person undertakes to provide The Duckhorn Portfolio, Inc., any security holder of The Duckhorn Portfolio, Inc., 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 range set forth in this footnote.

Remarks:

Executive Vice President, Chief Administrative Officer and General Counsel. Mr. Sullivan is signing on behalf of the Reporting Person pursuant to a Limited Power of Attorney dated March 18, 2021, which was previously filed with the Securities and Exchange Commission.