Kedar Deshpande - 10 Dec 2022 Form 4 Insider Report for Groupon, Inc. (GRPN)

Signature
/s/ Dane Drobny, by Power of Attorney
Issuer symbol
GRPN
Transactions as of
10 Dec 2022
Net transactions value
-$170,993
Form type
4
Filing time
13 Dec 2022, 18:11:45 UTC
Previous filing
13 Sep 2022
Next filing
14 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRPN Common Stock Options Exercise $0 +61,549 +51% $0.000000 181,471 10 Dec 2022 Direct
transaction GRPN Common Stock Tax liability $170,993 -24,220 -13% $7.06 157,251 10 Dec 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 -61,549 -11% $0.000000 492,392 10 Dec 2022 Common Stock 61,549 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 restricted stock units reported on this line represent the sum of two separate awards with identical vesting terms and will vest quarterly in twelve substantially equal installments, beginning on March 10, 2022, in each case subject to Mr. Deshpande's continued employment with the Company through each vesting date.