Mark Parker - Jan 17, 2023 Form 4 Insider Report for HYDROFARM HOLDINGS GROUP, INC. (HYFM)

Role
Executive Vice President
Signature
/s/ Jeffrey Cohan, Power of Attorney For: Mark Parker
Stock symbol
HYFM
Transactions as of
Jan 17, 2023
Transactions value $
-$5,055
Form type
4
Date filed
3/28/2023, 05:45 PM
Previous filing
Jan 3, 2023
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYFM Common Stock, $0.0001 par value per share Award $0 +1.51K +2% $0.00 76.8K Jan 17, 2023 Direct F1
transaction HYFM Common Stock, $0.0001 par value per share Tax liability -$202 -105 -0.14% $1.92 76.7K Mar 2, 2023 Direct F2
transaction HYFM Common Stock, $0.0001 par value per share Tax liability -$862 -510 -0.66% $1.69 76.2K Mar 27, 2023 Direct F3
transaction HYFM Common Stock, $0.0001 par value per share Tax liability -$3.99K -2.36K -3.1% $1.69 73.9K Mar 27, 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 23, 2022, Mr. Parker was granted a target of 6,028 performance stock units ("PSUs") under the Issuer's 2020 Equity Incentive Plan. Each PSU represents the right, upon achievement of certain specified performance-based vesting criteria, to receive one share of the Issuer's common stock. On January 17, 2023, the Compensation Committee of the Board of Directors determined that 25% of the performance-based conditions were met resulting in 1,507 PSUs earned by Mr. Parker. This transaction is late due to an inadvertent administrative error and not any error of Mr. Parker.
F2 Shares withheld to satisfy tax withholding obligation applicable to the vesting of 309 stock-settled restricted stock units ("RSUs"), which may be settled, on a 1-for-1 basis, only in shares of common stock. Fractional amounts have been rounded to the nearest whole number. This transaction is late due to an inadvertent administrative error and not any error of Mr. Parker.
F3 Shares withheld to satisfy tax withholding obligation applicable to the vesting of 1,507 stock-settled PSUs, which may be settled, on a 1-for-1 basis, only in shares of common stock. Fractional amounts have been rounded to the nearest whole number.
F4 Shares withheld to satisfy tax withholding obligation applicable to the vesting of 6,989 stock-settled RSUs, which may be settled, on a 1-for-1 basis, only in shares of common stock. Fractional amounts have been rounded to the nearest whole number.