Gene Salkind - 30 Mar 2022 Form 4 Insider Report for GROVE, INC. (UPXI)

Role: Director, 10%+ Owner
Signature: /s/ Gene Salkind
Issuer symbol: UPXI
Transactions as of: 30 Mar 2022
Net transactions value: +$500,000
Form type: 4
Filing time: 01 Apr 2022, 14:42:15 UTC
Previous filing: 10 Dec 2021
Next filing: 05 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UPXI	Common Stock	Purchase	$500,000	+125,000		$4.00	125,000	30 Mar 2022	Trustee	F1
holding	UPXI	Common Stock						2,352,942	30 Mar 2022	Direct	F4

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	Option Grant						27,778	30 Mar 2022	Common	27,778	$1.53	Direct	F2
holding	UPXI	Option Grant						50,000	30 Mar 2022	Common	50,000	$4.18	Direct	F3

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

Explanation of Responses:

Id	Content
F1	125,000 shares were purchased at $4.00 per share in a private transaction through the Marital Trust GST subject U/W/O Leopold Salkind Gene Salkind, Trustee and considered indirect ownership of Gene Salkind
F2	27,778 options are vested and shall be exercisable for a price of $1.53 for 10 years from February 1, 2021 (the "Grant Date")
F3	16,667 options are vested and shall be exercisable for a price of $4.18 for 10 years from July 21, 2022 (the "Grant Date"). 33,333 options share vest on a monthly basis over a two year period and exercisable for a price of $4.18 per option share for a ten year period of 10 years from the Grant Date.
F4	2,352,941 previously purchased and are jointly owned with Catherine Salkind.