Norman Matthews - May 12, 2022 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Role: Director
Signature: /s/ Lauri Fischer, Lauri Fischer, attorney-in-fact
Stock symbol: GO
Transactions as of: May 12, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/13/2022, 07:27 PM
Previous filing: May 9, 2022
Next filing: May 27, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GO	Common Stock	Award	$0	+705	+1.96%	$0.00	36.7K	May 12, 2022	Direct	F1
holding	GO	Common Stock						124K	May 12, 2022	By Matthews Family Trust	F2

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

Explanation of Responses:

Id	Content
F1	Represents 705 deferred stock units ("DSUs") granted to the reporting person that will vest on March 1, 2023, subject to the continued service of the reporting person through such vesting date, and, if vested, will be settled in shares of Common Stock upon the reporting person's termination of service from the board of directors. Such DSUs were granted in connection with an April 2022 amendment to the issuer's non-employee director compensation policy.
F2	Reflects shares directly held by The Matthews Family 2020 Trust dtd 11/24/2020 of which Mr. Matthews is a Trustee.

Content

Represents 705 deferred stock units ("DSUs") granted to the reporting person that will vest on March 1, 2023, subject to the continued service of the reporting person through such vesting date, and, if vested, will be settled in shares of Common Stock upon the reporting person's termination of service from the board of directors. Such DSUs were granted in connection with an April 2022 amendment to the issuer's non-employee director compensation policy.

Reflects shares directly held by The Matthews Family 2020 Trust dtd 11/24/2020 of which Mr. Matthews is a Trustee.