David A. Glazer - 14 Nov 2022 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
Director
Signature
/s/ Barbara Wallace, Attorney-in-Fact for David Glazer
Issuer symbol
GROV
Transactions as of
14 Nov 2022
Net transactions value
$0
Form type
4
Filing time
16 Nov 2022, 19:32:31 UTC
Previous filing
31 Oct 2022
Next filing
17 Nov 2022
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 Conversion of derivative security $0 -156,805 -100% $0.000000* 0 14 Nov 2022 Class B Common Stock 156,805 Direct F1, F2, F3
transaction GROV Restricted Stock Units Conversion of derivative security $0 +156,805 $0.000000 156,805 14 Nov 2022 Class A Common Stock 156,805 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 These RSUs vest 25% on November 15, 2022, and then in quarterly installments for the next 36 months. The RSUs have no expiration date.
F3 The Reporting Person elected to convert these RSUs from Class B Common Stock to Class A Common Stock.