Allan Marshall - Jul 21, 2021 Form 4 Insider Report for GROVE, INC. (UPXI)

Role
CEO, Director, 10%+ Owner
Signature
/s/ Allan Marshall
Stock symbol
UPXI
Transactions as of
Jul 21, 2021
Transactions value $
$0
Form type
4
Date filed
8/30/2021, 07:04 PM
Previous filing
Jun 24, 2021
Next filing
Aug 26, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UPXI Option Grant Award +1.25M 1.25M Jul 21, 2021 Common Stock 1.25M Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,250,000 options are vested and shall be exercisable for a price of $4.18 per option share for 2 years from July 21, 2021 (the "Grant Date"); such options shall vest on a monthly basis over a one year period and be exercisable for a price of $4.18 per option share for two years from the Grant Date.