Eric J. Lindberg Jr. - Jun 16, 2021 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Role
Chief Executive Officer, Director
Signature
/s/ Pamela B. Burke, Pamela B. Burke, as Attorney-in-Fact
Stock symbol
GO
Transactions as of
Jun 16, 2021
Transactions value $
-$756,250
Form type
4
Date filed
6/17/2021, 08:20 PM
Previous filing
Jun 3, 2021
Next filing
Jul 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GO Common Stock Options Exercise $95.3K +25K +52.13% $3.81* 73K Jun 16, 2021 Direct
transaction GO Common Stock Sale -$852K -25K -34.27% $34.06 48K Jun 16, 2021 Direct F1, F2
holding GO Common Stock 2.13M Jun 16, 2021 By Lindberg Revocable Trust F3
holding GO Common Stock 702K Jun 16, 2021 By Lindberg Irrevocable Trust F4
holding GO Common Stock 460 Jun 16, 2021 By child
holding GO Common Stock 460 Jun 16, 2021 By spouse

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 GO Stock Options (Right to Buy) Options Exercise $0 -25K -2.92% $0.00 833K Jun 16, 2021 Common Stock 25K $3.81 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a previously adopted Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.73 to $34.21, inclusive. The reporting person undertakes to provide to Grocery Outlet Holding Corp. (the "Issuer"), any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 Reflects shares directly held by The Lindberg Family Revocable Trust u/a/d 2/14/2006 of which Mr. Lindberg is a Trustee
F4 Reflects shares directly held by The Lindberg Family Irrevocable Trust u/a/d 5/12/2017 of which Mr. Lindberg is a Trustee.
F5 Represents previously granted stock options which were deemed earned and acquired upon the satisfaction of certain performance vesting criteria. These stock options are vested and exercisable.