Pamela B. Burke - 07 Mar 2022 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Role
Chief Stores Officer, Interim General Counsel and Secretary
Signature
/s/ Lauri Fischer, Lauri Fischer, attorney-in-fact
Issuer symbol
GO
Transactions as of
07 Mar 2022
Net transactions value
-$521,420
Form type
4
Filing time
09 Mar 2022, 15:26:42 UTC
Previous filing
07 Mar 2022
Next filing
05 Apr 2022
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 $337,560 +29,000 +103% $11.64 57,108 07 Mar 2022 Direct
transaction GO Common Stock Sale $858,980 -29,000 -51% $29.62 28,108 07 Mar 2022 Direct F1

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 -29,000 -59% $0.000000 20,105 07 Mar 2022 Common Stock 29,000 $11.64 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.600 to $29.745, 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 footnote (3) to this Form 4.
F2 These stock options were granted on December 26, 2018 covering 49,105 shares and vest in five equal installments on each of the first five anniversaries of the grant date.

Remarks:

Chief Stores Officer, Interim General Counsel and Secretary