Eric J. Lindberg Jr. - 07 Jul 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
Issuer symbol
GO
Transactions as of
07 Jul 2021
Net transactions value
-$766,000
Form type
4
Filing time
08 Jul 2021, 17:34:16 UTC
Previous filing
17 Jun 2021
Next filing
22 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GO Common Stock Options Exercise $95,250 +25,000 +52% $3.81* 72,960 07 Jul 2021 Direct
transaction GO Common Stock Sale $861,250 -25,000 -34% $34.45 47,960 07 Jul 2021 Direct F1, F2
holding GO Common Stock 2,126,670 07 Jul 2021 By Lindberg Revocable Trust F3
holding GO Common Stock 701,500 07 Jul 2021 By Lindberg Irrevocable Trust F4
holding GO Common Stock 460 07 Jul 2021 By child
holding GO Common Stock 460 07 Jul 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 0 0% $0.000000* 807,614 07 Jul 2021 Common Stock 0 $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 $33.985 to $34.70, 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.