Jeffrey Yurcisin - Nov 15, 2024 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
President & CEO, Director
Signature
/s/ Barbara Wallace, Attorney-in-Fact for Jeffrey Yurcisin
Stock symbol
GROV
Transactions as of
Nov 15, 2024
Transactions value $
-$6,883
Form type
4
Date filed
11/19/2024, 06:42 PM
Previous filing
Aug 19, 2024
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GROV Class A Common Stock Options Exercise +21.3K +14.48% 168K Nov 15, 2024 Direct F1
transaction GROV Class A Common Stock Tax liability -$6.88K -5.18K -3.08% $1.33 163K Nov 15, 2024 Direct 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 -21.3K -8.33% 234K Nov 15, 2024 Class A Common Stock 21.3K Direct F1, F3, F4
* 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 shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
F3 These RSUs vest 25% on August 15, 2024, and then in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
F4 The RSUs have no expiration date.