Sergio Cervantes - 12 Apr 2023 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
Chief Financial Officer
Signature
/s/Barbara Wallace, Attorney-in-Fact for Sergio Cervantes
Issuer symbol
GROV
Transactions as of
12 Apr 2023
Net transactions value
$0
Form type
4
Filing time
14 Apr 2023, 16:00:23 UTC
Previous filing
02 Mar 2023
Next filing
17 May 2023
SEC
View on sec.gov

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 Award +200,000 200,000 12 Apr 2023 Class A Common Stock 200,000 Direct F1, F2, F3
* 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 1/10th of the shares subject to the Award shall vest on each of the Company's Standard Quarterly Vesting Dates (February 15th, May 15th, August 15th and November 15th of each year; provided, that if such date occurs on a weekend or federal holiday, vesting shall occur on the next business day) beginning on May 15, 2023.
F3 The RSUs have no expiration date.