Andrea Renee Bortner - Mar 6, 2023 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Role: Chief Human Resources Officer
Signature: /s/ Lauri Fischer, Lauri Fischer, as Attorney-in-Fact
Stock symbol: GO
Transactions as of: Mar 6, 2023
Transactions value $: -$483,649
Form type: 4
Date filed: 3/7/2023, 06:33 PM
Previous filing: Mar 6, 2023
Next filing: Jun 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GO	Common Stock	Sale	-$484K	-17.8K	-26.61%	$27.23	49K	Mar 6, 2023	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Of the 17,759 shares, 8,584 shares were sold to satisfy the reporting person's tax withholding obligation upon vesting of performance stock units previously granted.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.260 to $27.174, 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.

Content

Of the 17,759 shares, 8,584 shares were sold to satisfy the reporting person's tax withholding obligation upon vesting of performance stock units previously granted.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.260 to $27.174, 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.