Eric P. Lefkofsky - Feb 2, 2022 Form 4 Insider Report for Groupon, Inc. (GRPN)

Signature
/s/ Erin G. Stone, by Power of Attorney
Stock symbol
GRPN
Transactions as of
Feb 2, 2022
Transactions value $
$0
Form type
4
Date filed
2/4/2022, 05:33 PM
Previous filing
Oct 18, 2021
Next filing
Apr 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GRPN Common Stock 960K Feb 2, 2022 By Lefkofsky Family 2020 GRAT F1, F2
holding GRPN Common Stock 2.98M Feb 2, 2022 By Green Media LLC F1, F3
holding GRPN Common Stock 89.8K Feb 2, 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
transaction GRPN Deferred Stock Unit Award (Right to Receive) Award $0 +792 +9.63% $0.00 9.01K Feb 2, 2022 Common Stock 792 $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total number of shares reflects an annuity distribution by the Lefkofsky Family 2020 GRAT to Green Media LLC.
F2 The shares of Common Stock reported on this line are held by the Lefkofsky Family 2020 GRAT.
F3 The shares of Common Stock reported on this line are held by Green Media, LLC, an entity owned by Eric P. Lefkofsky (50%) and Elizabeth Kramer Lefkofsky (50%). Mr. Lefkofsky shares voting and investment control with respect to the shares held by Green Media, LLC.
F4 The amount of shares reported on this line includes previously reported restricted stock unit awards that are subject to Mr. Lefkofsky's continued service as a director of the Issuer through the vesting date.
F5 Mr. Lefkofsky has received an exempt award of Deferred Stock Units ("DSUs") under the Groupon, Inc. Non-Employee Director Compensation Plan. DSUs represent a right to receive shares of the Groupon's Common Stock (or, in the sole discretion of the Groupon's Board of Directors following a change in control, cash, securities or a combination of cash and securities equal to the fair market value thereof) upon termination of service as a Director of Groupon. Mr. Lefkofsky has elected to receive DSUs in lieu of the annual retainer fees payable for services on the Issuer's Board of Directors and any committees thereof. The DSUs are awarded on the date such fees would otherwise be payable (i.e., quarterly in arrears). The DSUs are immediately vested.