John Kristofer Galashan - 27 Mar 2024 Form 4 Insider Report for Container Store Group, Inc.

Role: Director, 10%+ Owner
Signature: /s/ Andrew C. Goldberg, attorney-in-fact
Issuer symbol: N/A
Transactions as of: 27 Mar 2024
Net transactions value: $0
Form type: 4
Filing time: 29 Mar 2024, 18:43:58 UTC
Previous filing: 01 Sep 2023
Next filing: 16 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TCS	Common Stock, par value $0.01	Disposed to Issuer	$0	-31,165	-22%	$0.000000	110,957	27 Mar 2024	Direct	F1
holding	TCS	Common Stock, par value $0.01						15,334,006	27 Mar 2024	See footnote	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
holding	TCS	Stock Option (Right to Buy)						10,132	27 Mar 2024	Common Stock	10,132	$21.53	Direct	F4, F5
holding	TCS	Stock Option (Right to Buy)						11,821	27 Mar 2024	Common Stock	11,821	$17.28	Direct	F4, F5
holding	TCS	Stock Option (Right to Buy)						30,675	27 Mar 2024	Common Stock	30,675	$5.35	Direct	F4, F5
holding	TCS	Stock Option (Right to Buy)						42,919	27 Mar 2024	Common Stock	42,919	$4.10	Direct	F4, F5

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

Explanation of Responses:

Id	Content
F1	When determining the number of shares subject to the restricted stock awards granted to the directors of the Issuer on August 30, 2023, the Issuer inadvertently granted 31,165 shares of restricted stock (the "Excess Shares") in excess of the number to which the directors were entitled pursuant to the Issuer's plans and policies. On March 27, 2024, the directors forfeited the Excess Shares.
F2	Represents shares of Common Stock, par value $0.01 per share (the "Common Stock") of the Issuer owned by Green Equity Investors V, L.P. ("GEI V"), Green Equity Investors Side V, L.P. ("GEI Side V"), and TCS Co-Invest, LLC ("TCS"). Of the shares of Common Stock reported, 11,680,206 are owned by GEI V, 3,503,776 are owned by GEI Side V, and 150,024 are owned by TCS.
F3	Mr. Galashan directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares owned by GEI V, GEI Side V, and TCS. Mr. Galashan disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F4	The options on this row are fully vested.
F5	The options reported on this row are held by Mr. Galashan for the benefit of Leonard Green & Partners, L.P. Mr. Galashan disclaims beneficial ownership of these securities.