David A. Glazer - 15 Feb 2023 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
Director
Signature
/s/ Barbara Wallace, Attorney-in-Fact for David Glazer
Issuer symbol
GROV
Transactions as of
15 Feb 2023
Net transactions value
$0
Form type
4
Filing time
16 Feb 2023, 20:29:33 UTC
Previous filing
12 Dec 2022
Next filing
23 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GROV Class A Common Stock Options Exercise +5,026 +9.6% 57,292 15 Feb 2023 Direct F1
transaction GROV Class A Common Stock Options Exercise +5,027 +8.8% 62,319 15 Feb 2023 Direct F1
transaction GROV Class A Common Stock Options Exercise +9,799 +16% 72,118 15 Feb 2023 Direct F1

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 Restricted Stock Units Options Exercise -5,026 -8.3% 55,279 15 Feb 2023 Class A Common Stock 5,026 Direct F1, F2, F3
transaction GROV Restricted Stock Units Options Exercise -5,027 -50% 5,027 15 Feb 2023 Class A Common Stock 5,027 Direct F1, F3, F4
transaction GROV Restricted Stock Units Options Exercise -9,799 -8.3% 107,794 15 Feb 2023 Class A Common Stock 9,799 Direct F1, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
F2 These RSUs will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on November 15, 2025, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
F3 The RSUs have no expiration date.
F4 These RSUs shall vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date
F5 These RSUs vest 25% on November 15, 2022, and then in quarterly installments for the next 36 months.