James L. O'Hara - Jul 11, 2022 Form 4 Insider Report for Duckhorn Portfolio, Inc. (NAPA)

Role: Director
Signature: By: /s/ Sean Sullivan, as attorney-in-fact
Stock symbol: NAPA
Transactions as of: Jul 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/13/2022, 07:51 PM
Previous filing: Oct 21, 2021
Next filing: Apr 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NAPA	Common Stock	Other	$0	+145K		$0.00	145K	Jul 11, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On July 11, 2022, Mallard Holdco, LLC declared a distribution of shares of common stock, to occur in connection with the sale of shares of common stock by Mallard Holdco, LLC, to Mr. O'Hara, an indirect member of Mallard Holdco, LLC, and other indirect members of Mallard Holdco, LLC.

Remarks:

Mallard Holdco LLC holds 68,147,261 shares of common stock of The Duckhorn Portfolio, Inc. The Reporting Person is a Managing Member of Mallard Holdco LLC. Voting and investment decisions with respect to the securities held by Mallard Holdco LLC are made by a committee of three or more individuals (including the Reporting Person), none of whom individually has the power to direct such decisions. The Reporting Person disclaims beneficial ownership of the shares held by Mallard Holdco LLC, except to the extent of any actual pecuniary interest. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Person is the beneficial owner of any equity securities of The Duckhorn Portfolio, Inc. for purposes of Section 16 of the Exchange Act or otherwise. Exhibit List: Sean Sullivan is signing on behalf of Mr. O'Hara pursuant to an authorization and designation letter dated March 18, 2021, which was previously filed with the Securities and Exchange Commission.