Dane A. Drobny - 20 Feb 2022 Form 4 Insider Report for Groupon, Inc. (GRPN)

Role
Chief Admin Officer, GC & Sec
Signature
/s/ Erin G. Stone, by Power of Attorney
Issuer symbol
GRPN
Transactions as of
20 Feb 2022
Net transactions value
-$73,644
Form type
4
Filing time
03 Mar 2022, 16:09:49 UTC
Previous filing
04 Jan 2022
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRPN Common Stock Options Exercise $0 +8,289 +8.3% $0.000000 107,815 20 Feb 2022 Direct F1
transaction GRPN Common Stock Tax liability $73,644 -3,673 -3.4% $20.05 104,142 01 Mar 2022 Direct F1, F2

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 Restricted Stock Units Options Exercise $0 -8,289 -6.2% $0.000000 124,345 20 Feb 2022 Common Stock 8,289 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 After February 20, 2022 RSU vesting date, distribution of shares of Common Stock occurred on March 1, 2022 following administrative processing of the grant and vesting event.
F2 Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units. This is not an open market sale of securities.
F3 Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F4 The restricted stock units reported on this line will vest 1/16 quarterly on the 20th day of the second month of each calendar quarter from February 20, 2022 through November 20, 2023, and 1/8 quarterly on the 20th day of the second month of each calendar quarter from February 20, 2024 through November 20, 2024, subject to Mr. Drobny's continued employment with the Company through each vesting date.