Gregory Kevin Sanders - 15 Dec 2023 Form 4 Insider Report for GrowGeneration Corp. (GRWG)

Signature
/s/Gregory Sanders
Issuer symbol
GRWG
Transactions as of
15 Dec 2023
Net transactions value
$0
Form type
4
Filing time
27 Dec 2023, 18:33:23 UTC
Previous filing
20 Jun 2023
Next filing
03 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRWG Common Stock Award $0 +21,374 +42% $0.000000 71,794 15 Dec 2023 Direct F1
transaction GRWG Common Stock Award $0 +2,671 +3.7% $0.000000 74,465 15 Dec 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a restricted stock unit award agreement dated June 15, 2023, the Reporting Person was granted 180,000 restricted stock units, which will vest in six equal installments of 30,000 restricted stock units on each June 15 and December 15 over a three-year period. The second installment vested on December 15, 2023, of which 8,626 shares were withheld by the Issuer to satisfy the applicable tax withholding obligation and 21,374 shares of common stock were issued to the Reporting Person.
F2 Pursuant to a restricted stock unit award agreement dated January 5, 2022, the Reporting Person was granted 15,000 restricted stock units, which will vest in four equal installments of 3,750 restricted stock units on each December 15 following the grant date. The second installment vested on December 15, 2023, of which 1,079 shares were withheld by the Issuer to satisfy the applicable tax withholding obligation and 2,671 shares of common stock were issued to the Reporting Person.