S. MacGregor Read Jr. - 11 Nov 2021 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Role
Director
Signature
/s/ Pamela B. Burke, Pamela B. Burke, as Attorney-in-Fact
Issuer symbol
GO
Transactions as of
11 Nov 2021
Net transactions value
-$1,787,000
Form type
4
Filing time
12 Nov 2021, 16:04:35 UTC
Previous filing
16 Sep 2021
Next filing
16 Dec 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 $713,000 +100,000 +1023% $7.13* 109,779 11 Nov 2021 Direct
transaction GO Common Stock Sale $2,500,000 -100,000 -91% $25.00 9,779 11 Nov 2021 Direct
holding GO Common Stock 2,307,975 11 Nov 2021 By Trust F1
holding GO Common Stock 2,307,975 11 Nov 2021 By Trust F2

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 -100,000 -100% $0.000000* 0 11 Nov 2021 Common Stock 100,000 $7.13 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares directly held by the Nordlingen Trust dated 1/23/2012, as amended and restated 9/17/2014 of which Mr. Read is a Trustee.
F2 Reflects shares directly held by the Redmond Trust dated 10/19/2003, as amended and restated 9/17/2014 of which Mr. Read is a Trustee.
F3 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.