Stuart Landesberg - 09 Nov 2022 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
President & CEO, Director, 10%+ Owner
Signature
/s/ Barbara Wallace, Attorney-in-Fact for Stuart Landesberg
Issuer symbol
GROV
Transactions as of
09 Nov 2022
Net transactions value
-$14,665
Form type
4
Filing time
16 Nov 2022, 19:32:17 UTC
Previous filing
31 Oct 2022
Next filing
17 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GROV Class A Common Stock Options Exercise +271,058 +10425% 273,658 09 Nov 2022 Direct F1
transaction GROV Class A Common Stock Options Exercise +623,544 +623544% 623,644 09 Nov 2022 See footnote F1, F2
transaction GROV Class A Common Stock Sale $4,330 -3,450 -1.3% $1.26 270,208 14 Nov 2022 Direct F3, F4
transaction GROV Class A Common Stock Sale $4,330 -3,450 -0.55% $1.26 620,194 14 Nov 2022 See footnote F2, F3, F4
transaction GROV Class A Common Stock Sale $3,003 -2,400 -0.89% $1.25 267,808 15 Nov 2022 Direct F3, F5
transaction GROV Class A Common Stock Sale $3,003 -2,400 -0.39% $1.25 617,794 15 Nov 2022 See footnote F2, F3, F5

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 Class B Common Stock Options Exercise $0 -271,058 -26% $0.000000 786,582 09 Nov 2022 Class A Common Stock 271,058 Direct F1, F6
transaction GROV Class B Common Stock Options Exercise $0 -623,544 -91% $0.000000 58,778 09 Nov 2022 Class A Common Stock 623,544 See footnote F1, F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.
F2 These securities are directly held by The Landesberg Living Trust, for which the Reporting Person and his spouse serve as co-trustees.
F3 The transactions reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.25 to $1.27, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) and (5) to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.25 to $1.255, inclusive.
F6 This amount consists entirely of 786,582 Earnout Shares.
F7 This amount consists entirely of 58,778 Earnout Shares.