Naytri S. Sramek - May 15, 2023 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
Director
Signature
/s/Barbara Wallace, Attorney-in-Fact for Naytri S. Sramek
Stock symbol
GROV
Transactions as of
May 15, 2023
Transactions value $
$0
Form type
4
Date filed
5/17/2023, 06:26 PM
Previous filing
Dec 12, 2022
Next filing
Jul 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GROV Class A Common Stock Options Exercise +106K 106K May 15, 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 -106K -33.33% 212K May 15, 2023 Class A Common Stock 106K 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.