John B. Replogle - Nov 15, 2023 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
Director
Signature
/s/Barbara Wallace, Attorney-in-Fact for John B. Replogle
Stock symbol
GROV
Transactions as of
Nov 15, 2023
Transactions value $
$0
Form type
4
Date filed
11/17/2023, 05:57 PM
Previous filing
Oct 25, 2023
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GROV Class A Common Stock Options Exercise +5.88K +1.91% 314K Nov 15, 2023 Direct F2
transaction GROV Class A Common Stock Options Exercise +3.09K +0.99% 317K Nov 15, 2023 Direct F2
holding GROV Class A Common Stock 53 Nov 15, 2023 See footnote 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 -5.88K -15.79% 31.4K Nov 15, 2023 Class A Common Stock 5.88K Direct F2, F3, F4
transaction GROV Restricted Stock Units Options Exercise -3.09K -11.11% 24.7K Nov 15, 2023 Class A Common Stock 3.09K Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are directly held by Replogle Family LLC, for which the Reporting Person serves as manager.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
F3 These RSUs vested 30% on November 15, 2022, and then 7.5% for each subsequent quarter of continuous service for the following year and then 5% for each subsequent quarter of continuous service for the following two years.
F4 The RSUs have no expiration date.
F5 These RSUs vest approximately as follows: with respect to 201,039 RSUs, 15,459 vested and settled on November 15, 2022, and the rest 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.