Jeff Lasher - 13 Oct 2021 Form 4 Insider Report for GrowGeneration Corp. (GRWG)

Role: CFO
Signature: /s/ Jeffrey Lasher
Issuer symbol: GRWG
Transactions as of: 13 Oct 2021
Net transactions value: $0
Form type: 4
Filing time: 14 Oct 2021, 17:12:53 UTC
Next filing: 07 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRWG	Common Stock	Award	$0	+10,000		$0.000000	10,000	13 Oct 2021	Direct	F1
transaction	GRWG	Common Stock	Tax liability	$0	-4,371	-44%	$0.000000	5,629	13 Oct 2021	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the Reporting Person's employment agreement, 10,000 shares of the Issuer's common stock vested as of October 12, 2021. In addition, he will receive another 50,000 shares of common stock with the following vesting schedule: 10,000 as of April 12, 2022, 10,000 shares as of October 12, 2022, 10,000 shares as of April 12, 2023, 10,000 shares as of October 12, 2023, and 10,000 shares as of April 12, 2024.
F2	4,371 shares withheld by the Issuer to satisfy the tax withholding obligation applicable to the vested shares of common stock described in footnote (1) above.

Content

Pursuant to the Reporting Person's employment agreement, 10,000 shares of the Issuer's common stock vested as of October 12, 2021. In addition, he will receive another 50,000 shares of common stock with the following vesting schedule: 10,000 as of April 12, 2022, 10,000 shares as of October 12, 2022, 10,000 shares as of April 12, 2023, 10,000 shares as of October 12, 2023, and 10,000 shares as of April 12, 2024.

4,371 shares withheld by the Issuer to satisfy the tax withholding obligation applicable to the vested shares of common stock described in footnote (1) above.