Dane Drobny - Feb 20, 2023 Form 4 Insider Report for Groupon, Inc. (GRPN)

Signature
/s/ Dane Drobny
Stock symbol
GRPN
Transactions as of
Feb 20, 2023
Transactions value $
-$27,658
Form type
4
Date filed
2/22/2023, 06:06 PM
Previous filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRPN Common Stock Options Exercise $0 +8.29K +5.87% $0.00 149K Feb 20, 2023 Direct
transaction GRPN Common Stock Tax liability -$27.7K -3.67K -2.46% $7.53 146K Feb 20, 2023 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 -8.29K -8.33% $0.00 91.2K Feb 20, 2023 Common Stock 8.29K 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 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 or provision of material services to the Company through each vesting date.