Eric J. Lindberg Jr. - 28 Oct 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
Issuer symbol
GO
Transactions as of
28 Oct 2022
Net transactions value
-$786,750
Form type
4
Filing time
31 Oct 2022, 20:07:04 UTC
Previous filing
27 Sep 2022
Next filing
06 Mar 2023
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 $95,250 +25,000 +41% $3.81* 85,560 28 Oct 2022 Direct
transaction GO Common Stock Sale $882,000 -25,000 -29% $35.28 60,560 28 Oct 2022 Direct F1, F2
holding GO Common Stock 2,126,670 28 Oct 2022 By Lindberg Revocable Trust F3
holding GO Common Stock 401,500 28 Oct 2022 By Lindberg Irrevocable Trust F4
holding GO Common Stock 460 28 Oct 2022 By spouse
holding GO Common Stock 460 28 Oct 2022 By child

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 -25,000 -5% $0.000000 477,565 28 Oct 2022 Common Stock 25,000 $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 $35.00 to $35.48, 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.