Gene Salkind - Jun 24, 2021 Form 3 Insider Report for GROVE, INC. (UPXI)

Role: Director, 10%+ Owner
Signature: /s/ Gene Salkind
Stock symbol: UPXI
Transactions as of: Jun 24, 2021
Transactions value $: $0
Form type: 3
Date filed: 6/24/2021, 11:33 AM
Next filing: Aug 30, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	UPXI	Common Stock						2.35M	Jun 24, 2021	Direct	F1

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
holding	UPXI	Director Stock Option Grant							Jun 24, 2021	Common Stock	27.8K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Subject to a 180-day lockup period in connection with the Issuer's initial public offering.
F2	4,630 options are vested and shall be exercisable for a price of $1.53 per option share for 10 years from February 1, 2021 (the "Grant Date"). 23,148 options shall vest on a monthly basis over a one year period and be exercisable for a price of $1.53 per option share for ten years from the Grant Date.