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

Role: President & CEO, Director
Signature: /s/ Barbara Wallace, Attorney-in-Fact for Stuart Landesberg
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	+2.7M		$0.00	2.7M	Dec 8, 2022	Class A Common Stock	2.7M		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 if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason, including but not limited to following a change in control. The RSUs have no expiration date.

Content

Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.

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 if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason, including but not limited to following a change in control. The RSUs have no expiration date.