Steven K. Wilson - 12 May 2022 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Role: SVP, Chief Purchasing Officer
Signature: /s/ Lauri Fischer, Lauri Fischer, attorney-in-fact
Issuer symbol: GO
Transactions as of: 12 May 2022
Net transactions value: -$176,903
Form type: 4
Filing time: 13 May 2022, 19:23:39 UTC
Previous filing: 05 Apr 2022
Next filing: 02 Jun 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	$21,168	+5,556	+3.6%	$3.81^*	161,549	12 May 2022	Direct
transaction	GO	Common Stock	Sale	$198,071	-5,556	-3.4%	$35.65	155,993	12 May 2022	Direct

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	-5,556	-13%	$0.000000	38,855	12 May 2022	Common Stock	5,556	$3.81	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.