Goldman Sachs Group Inc - Jan 13, 2023 Form 3 Insider Report for Grom Social Enterprises, Inc. (GROM)

Role
10%+ Owner
Signature
/s/ Jamison Yardley, Attorney-in-fact
Stock symbol
GROM
Transactions as of
Jan 13, 2023
Transactions value $
$0
Form type
3
Date filed
1/20/2023, 10:36 AM
Previous filing
Jan 19, 2023
Next filing
Jan 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GROM Common Stock 117K Jan 13, 2023 See footnotes F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs & Co. LLC ("Goldman Sachs" and together with GS Group, the "Reporting Persons"). Goldman Sachs is a subsidiary of GS Group. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. On January 13, 2022, the Reporting Persons experienced an increase in their beneficial ownership of Grom Social Enterprises, Inc. (the "Issuer") to above 10% of the outstanding Common Stock. On January 17, 2022, the Reporting Persons experienced a decrease in their beneficial ownership that reduced their beneficial ownership to below 10% due to a reduction in excess securities borrows.
F2 The Common Stock of the Issuer reported herein as indirectly purchased were beneficially owned directly by Goldman Sachs and indirectly by GS Group.