Eric J. Lindberg Jr. - Jul 21, 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
Jul 21, 2021
Transactions value $
-$801,500
Form type
4
Date filed
7/22/2021, 05:36 PM
Previous filing
Jul 8, 2021
Next filing
Mar 7, 2022

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 Jul 21, 2021 Direct
transaction GO Common Stock Sale -$897K -25K -34.27% $35.87 48K Jul 21, 2021 Direct F1, F2
holding GO Common Stock 2.13M Jul 21, 2021 By Lindberg Revocable Trust F3
holding GO Common Stock 702K Jul 21, 2021 By Lindberg Irrevocable Trust F4
holding GO Common Stock 460 Jul 21, 2021 By spouse
holding GO Common Stock 460 Jul 21, 2021 By child

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 -3.1% $0.00 783K Jul 21, 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 $35.62 to $36.24, 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 in connection with the secondary public offering. These stock options are vested and exercisable. .