John B. Replogle - May 15, 2024 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
May 15, 2024
Transactions value $
$0
Form type
4
Date filed
5/16/2024, 09:30 PM
Previous filing
Mar 14, 2024
Next filing
Jun 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GROV Class A Common Stock Options Exercise +3.92K +1.12% 354K May 15, 2024 Direct F1
transaction GROV Class A Common Stock Options Exercise +32.2K +9.11% 386K May 15, 2024 Direct F1
transaction GROV Class A Common Stock Options Exercise +3.09K +0.8% 389K May 15, 2024 Direct F1
holding GROV Class A Common Stock 53 May 15, 2024 See footnote F2

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 -3.92K -14.28% 23.5K May 15, 2024 Class A Common Stock 3.92K Direct F1, F3, F4
transaction GROV Restricted Stock Units Options Exercise -32.2K -100% 0 May 15, 2024 Class A Common Stock 32.2K Direct F1, F4, F5
transaction GROV Restricted Stock Units Options Exercise -3.09K -14.29% 18.6K May 15, 2024 Class A Common Stock 3.09K Direct F1, F4, F6
* 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 securities are directly held by Replogle Family LLC, for which the Reporting Person serves as manager.
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 will fully vest on the earlier of May 15, 2024 or the date of the 2024 Annual Meeting of Stockholders.
F6 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.