Michael Salaman - Jan 1, 2022 Form 4 Insider Report for GrowGeneration Corp. (GRWG)

Role
President, Director
Signature
/s/ Michael Salaman
Stock symbol
GRWG
Transactions as of
Jan 1, 2022
Transactions value $
$787,681
Form type
4
Date filed
1/6/2022, 06:43 PM
Previous filing
Nov 18, 2021
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRWG Common Stock Award $1.38M +100K +18.08% $13.81 653K Jan 1, 2022 Direct F1
transaction GRWG Common Stock Tax liability -$593K -43K -6.58% $13.81 610K Jan 1, 2022 Direct F2
holding GRWG Common Stock 437K Jan 1, 2022 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 1, 2022, 100,000 shares were issued pursuant to an Executive Employment Agreement dated March 23, 2020 by and between the Issuer and the Reporting Person.
F2 42,963 shares were withheld by the Issuer to satisfy the tax withholding obligation applicable to the shares described in footnote (1) above.
F3 Includes: 387,441 shares of common stock owned by a spousal trust, of which the Reporting Person disclaims beneficial ownership; and 50,000 shares of common stock owned by a charitable fund, of which the Reporting Person is the trustee and holds voting and dispositive power over the shares.