Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GROV | Class A Common Stock | Options Exercise | +340K | +103.67% | 668K | Nov 15, 2022 | Direct | F1 | ||
transaction | GROV | Class A Common Stock | Tax liability | -$128K | -107K | -15.96% | $1.20 | 561K | Nov 15, 2022 | Direct |
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 | $0 | -132K | -75% | $0.00 | 43.8K | Nov 15, 2022 | Class A Common Stock | 132K | Direct | F1, F2 | |
transaction | GROV | Restricted Stock Units | Options Exercise | $0 | -168K | -34.38% | $0.00 | 322K | Nov 15, 2022 | Class A Common Stock | 168K | Direct | F1, F3 | |
transaction | GROV | Restricted Stock Units | Options Exercise | $0 | -39.9K | -21.88% | $0.00 | 143K | Nov 15, 2022 | Class A Common Stock | 39.9K | Direct | F1, F4 |
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 approximately as follows: 175,347 RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. 131,511 of these RSUs settled on November 15, 2022. The RSUs have no expiration date. |
F3 | These RSUs vest approximately as follows: (i) with respect to 336,888 RSUs, 50% vested on October 27, 2022 and settled on November 15, 2022, and the remaining 50% will vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, and (ii) with respect to 153,129 RSUs, these will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2024, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The RSUs have no expiration date. |
F4 | These RSUs vest approximately as follows: (i) with respect to 79,842 RSUs, 50% vested on October 27, 2022 and settled on November 15, 2022, and the remaining 50% will vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, and (ii) with respect to 102,647 RSUs, these will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2025, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The RSUs have no expiration date. |