Fumbi F. Chima - Dec 8, 2022 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role: Director
Signature: /s/ Barbara Wallace, Attorney-in-Fact for Chima F. Fumbi
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: Aug 25, 2022
Next filing: Dec 14, 2022

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	+319K		$0.00	319K	Dec 8, 2022	Class A Common Stock	319K		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 vest as follows: 1/3 of these RSUs will vest on the earlier of May 15, 2023 or the date of the 2023 Annual Meeting of Stockholders, 1/3 of these RSUs will vest on the earlier of May 15, 2024 or the date of the 2024 Annual Meeting of Stockholders, and 1/3 of these RSUs will vest on the earlier of May 15, 2025 or the date of the 2025 Annual Meeting of Stockholders. 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 vest as follows: 1/3 of these RSUs will vest on the earlier of May 15, 2023 or the date of the 2023 Annual Meeting of Stockholders, 1/3 of these RSUs will vest on the earlier of May 15, 2024 or the date of the 2024 Annual Meeting of Stockholders, and 1/3 of these RSUs will vest on the earlier of May 15, 2025 or the date of the 2025 Annual Meeting of Stockholders. The RSUs have no expiration date.