Christopher Clark - 26 Feb 2024 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
Chief Technology Officer, Director
Signature
/s/Barbara Wallace, Attorney-in-Fact for Christopher Clark
Issuer symbol
GROV
Transactions as of
26 Feb 2024
Net transactions value
$0
Form type
4
Filing time
28 Feb 2024, 17:07:16 UTC
Previous filing
20 Feb 2024
Next filing
01 Mar 2024
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 +162,862 162,862 26 Feb 2024 Class A Common Stock 162,862 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 1/12th 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 with the first quarterly vesting date in the next calendar quarter following the Vesting Commencement Date.
F3 The RSUs have no expiration date.