Charles Bracher - Mar 3, 2022 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Role
Chief Financial Officer
Signature
/s/ Lauri Fischer, Lauri Fischer, as Attorney-in-Fact
Stock symbol
GO
Transactions as of
Mar 3, 2022
Transactions value $
-$80,681
Form type
4
Date filed
3/7/2022, 06:13 PM
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GO Common Stock Sale -$80.7K -2.85K -4.43% $28.33 61.5K Mar 3, 2022 Direct F1
transaction GO Common Stock Award $0 +15.8K +25.65% $0.00 77.2K Mar 3, 2022 Direct F2
holding GO Common Stock 1.41K Mar 3, 2022 By spouse
holding GO Common Stock 400 Mar 3, 2022 By child F3
holding GO Common Stock 400 Mar 3, 2022 By child F4
holding GO Common Stock 400 Mar 3, 2022 By child F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold to satisfy the reporting person's tax withholding obligation upon vesting of RSUs previously granted.
F2 Represents 15,765 restricted stock units ("RSUs") granted to the reporting person that will entitle the reporting person to receive one share of the Issuer's Common Stock per RSU. The RSUs will vest, and the underlying shares will be concurrently issued in a series of three equal installments upon the reporting person's completion of each 12 month period of service over the period measured from March 1, 2022 to March 1, 2025, subject to the continued service of the reporting person through such vesting dates. Does not include up to an additional 23,648 unvested performance stock units at target achievement (or up to an additional 47,296 unvested performance stock units at maximum achievement) which are eligible to vest upon the achievement of certain performance-based vesting conditions.
F3 Reflects shares directly held by a trust for the benefit of the reporting person's eldest child, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held on behalf of his child by this trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
F4 Reflects shares directly held by a trust for the benefit of the reporting person's second eldest child, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held on behalf of his child by this trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
F5 Reflects shares directly held by a trust for the benefit of the reporting person's youngest child, who shares the reporting person's household. The reporting person disclaims beneficial ownership of the shares held on behalf of his child by this trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose