Kevin Cleary - 15 May 2023 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
Director
Signature
/s/ Barbara Wallace, Attorney-in-Fact for Kevin Cleary
Issuer symbol
GROV
Transactions as of
15 May 2023
Net transactions value
$0
Form type
4
Filing time
17 May 2023, 18:11:42 UTC
Previous filing
12 Dec 2022
Next filing
17 Jul 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 +106,209 +106% 206,209 15 May 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 -106,209 -33% 212,418 15 May 2023 Class A Common Stock 106,209 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 These RSUs vest as follows: 1/3 of these RSUs will vest on the earlier of May 15, 2023 or the date of the 2023 Annual Meeting of Stockholders, 1/3 of these RSUs will vest on the earlier of May 15, 2024 or the date of the 2024 Annual Meeting of Stockholders, and 1/3 of these RSUs will vest on the earlier of May 15, 2025 or the date of the 2025 Annual Meeting of Stockholders.
F3 The RSUs have no expiration date.