Sculptor Capital Management, Inc. - Nov 11, 2022 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role: 10%+ Owner
Signature: SCULPTOR CAPITAL MANAGEMENT, INC /s/ Wayne Cohen, President and Chief Operating Officer
Stock symbol: GROV
Transactions as of: Nov 11, 2022
Transactions value $: -$87,840
Form type: 4
Date filed: 11/15/2022, 04:03 PM
Previous filing: Oct 14, 2022
Next filing: Nov 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GROV	Class A Common Stock	Conversion of derivative security	$0	+9.14M		$0.00	9.14M	Nov 11, 2022	By SCM GC Investments Limited	F1, F2
transaction	GROV	Class A Common Stock	Sale	-$87.8K	-72K	-0.79%	$1.22	9.07M	Nov 11, 2022	By SCM GC Investments Limited	F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GROV	Class B Common Stock	Conversion of derivative security	$0	+9.14M		$0.00	818K	Nov 11, 2022	Class A Common Stock	9.14M		By SCM GC Investments Limited	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the reporting person's election and has no expiration date.
F2	SCM GC Investments Limited is wholly-owned by Sculptor Master Fund Ltd. Sculptor Capital LP is the investment adviser to Sculptor Master Fund, Ltd. Sculptor Capital Holding Corporation serves as the sole general partner of Sculptor Capital LP. Sculptor Capital Management, Inc. is a holding company that is the sole shareholder of Sculptor Capital Holding Corporation. As a result, the Sculptor Master Fund Ltd may be deemed to share beneficial ownership of the securities held of record by SCM GC Investments Limited. Sculptor Master Fund Ltd disclaims beneficial ownership of the shares held by SCM GC Investments Limited except to the extent of its pecuniary interest therein and the inclusion of such shares in this report shall not be an admission of beneficial ownership for purposes of Section 16 or any other purpose.
F3	The price reported is a weighted average price. These shares of Class A Common Stock were sold in multiple transactions ranging from $1.12 to $1.29, inclusive. The Reporting Person undertakes to provide to 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 range.