Christopher Clark - Dec 8, 2022 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
Chief Digital Officer, Director
Signature
/s/ Barbara Wallace, Attorney-in-Fact for Christopher Clark
Stock symbol
GROV
Transactions as of
Dec 8, 2022
Transactions value $
$0
Form type
4
Date filed
12/12/2022, 08:31 PM
Previous filing
Nov 17, 2022
Next filing
Feb 16, 2023

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 Award $0 +731K $0.00 731K Dec 8, 2022 Class A Common Stock 731K Direct F1, F2
* 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 will vest in twelve equal installments on each February 15th, May 15th, August 15th and November 15th of each year (provided, that if such date occurs on a weekend or federal holiday, vesting shall occur on the next business day) beginning on May 15, 2023, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason. The RSUs have no expiration date.