Jeff Lasher - Jan 5, 2022 Form 4 Insider Report for GrowGeneration Corp. (GRWG)

Role: CFO
Signature: /s/ Jeffrey Lasher
Stock symbol: GRWG
Transactions as of: Jan 5, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/7/2022, 10:40 AM
Previous filing: Oct 14, 2021
Next filing: Apr 14, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRWG	Common Stock	Award	$0	+100K	+179.76%	$0.00	156K	Jan 5, 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.