Jeff Lasher - 05 Jan 2022 Form 4 Insider Report for GrowGeneration Corp. (GRWG)

Role: CFO
Signature: /s/ Jeffrey Lasher
Issuer symbol: GRWG
Transactions as of: 05 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 07 Jan 2022, 10:40:21 UTC
Previous filing: 14 Oct 2021
Next filing: 14 Apr 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	+100,000	+180%	$0.000000	155,629	05 Jan 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	On January 5, 2022, the Reporting Person was granted 100,000 Restricted Stock Units (RSUs) under the Amended and Restated 2018 Equity Incentive Plan of the Issuer. Such RSUs will vest in four equal installments over four years starting from December 15, 2022.
F2	Includes: (i) 5,629 vested shares of common stock; (ii) a total of 50,000 shares subject to 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; and (iii) a total of 100,000 RSUs subject to the following vesting schedule: 25,000 RSUs as of December 15, 2022, 25,000 RSUs as of December 15, 2023, 25,000 RSUs as of December 15, 2024, and 25,000 RSUs as of December 15, 2025.

Content

On January 5, 2022, the Reporting Person was granted 100,000 Restricted Stock Units (RSUs) under the Amended and Restated 2018 Equity Incentive Plan of the Issuer. Such RSUs will vest in four equal installments over four years starting from December 15, 2022.

Includes: (i) 5,629 vested shares of common stock; (ii) a total of 50,000 shares subject to 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; and (iii) a total of 100,000 RSUs subject to the following vesting schedule: 25,000 RSUs as of December 15, 2022, 25,000 RSUs as of December 15, 2023, 25,000 RSUs as of December 15, 2024, and 25,000 RSUs as of December 15, 2025.