Eric J. Lindberg Jr. - May 31, 2022 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Role
Chief Executive Officer, Director
Signature
/s/ Lauri Fischer, Lauri Fischer, attorney-in-fact
Stock symbol
GO
Transactions as of
May 31, 2022
Transactions value $
-$863,000
Form type
4
Date filed
6/1/2022, 06:52 PM
Previous filing
May 17, 2022
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GO Common Stock Options Exercise $95.3K +25K +32.85% $3.81* 101K May 31, 2022 Direct
transaction GO Common Stock Sale -$958K -25K -24.72% $38.33 76.1K May 31, 2022 Direct F1, F2
holding GO Common Stock 2.13M May 31, 2022 By Lindberg Revocable Trust F3
holding GO Common Stock 702K May 31, 2022 By Lindberg Irrevocable Trust F4
holding GO Common Stock 460 May 31, 2022 By child
holding GO Common Stock 460 May 31, 2022 By spouse

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 -25K -3.53% $0.00 683K May 31, 2022 Common Stock 25K $3.81 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a previously adopted Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.130 to $38.750, 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 (the "Commission"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F3 Reflects shares directly held by The Lindberg Family Revocable Trust u/a/d 2/14/2006 of which Mr. Lindberg is a Trustee.
F4 Reflects shares directly held by the Lindberg Irrevocable Trust u/a/d 5/12/17 of which Mr. Lindberg is a Trustee.
F5 These stock options are vested and exercisable.