Kedar Deshpande - 10 Mar 2023 Form 4 Insider Report for Groupon, Inc. (GRPN)

Signature
/s/ Matthew Finkelstein, by Power of Attorney
Issuer symbol
GRPN
Transactions as of
10 Mar 2023
Net transactions value
-$137,922
Form type
4
Filing time
14 Mar 2023, 20:28:01 UTC
Previous filing
13 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRPN Common Stock Options Exercise $0 +61,549 +39% $0.000000 218,800 10 Mar 2023 Direct
transaction GRPN Common Stock Tax liability $137,922 -24,585 -11% $5.61 194,215 10 Mar 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 -61,549 -12% $0.000000 430,843 10 Mar 2023 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.