Damien Schmitz - Oct 20, 2022 Form 4 Insider Report for Groupon, Inc. (GRPN)

Role
Interim CFO
Signature
/s/ Dane Drobny, by Power of Attorney
Stock symbol
GRPN
Transactions as of
Oct 20, 2022
Transactions value $
-$11,754
Form type
4
Date filed
10/24/2022, 06:23 PM
Previous filing
Aug 25, 2022
Next filing
Jan 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRPN Common Stock Options Exercise $0 +5.89K +26.86% $0.00 27.8K Oct 20, 2022 Direct
transaction GRPN Common Stock Tax liability -$11.8K -1.73K -6.21% $6.81 26.1K Oct 20, 2022 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
transaction GRPN Restricted Stock Units Options Exercise $0 -5.89K -33.33% $0.00 11.8K Oct 20, 2022 Common Stock 5.89K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F3 The RSUs reported on this line vest in three equal annual installments beginning on October 20, 2022, in each case subject to Mr. Schmitz's continued employment with the Company through each vesting date.