Calvin Chung - 25 Apr 2023 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Role
SVP, Chief Store Development Officer
Signature
/s/ Lauri Fischer, Lauri Fischer, as Attorney-in-Fact
Issuer symbol
GO
Transactions as of
25 Apr 2023
Net transactions value
$0
Form type
4
Filing time
26 Apr 2023, 17:23:32 UTC
Previous filing
28 Mar 2023
Next filing
04 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GO Common Stock Award $0 +6,876 $0.000000 6,876 25 Apr 2023 Direct F1
transaction GO Common Stock Award $0 +8,379 +122% $0.000000 15,255 25 Apr 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 6,876 restricted stock units ("RSUs") granted to the reporting person that will entitle the reporting person to receive one share of the Issuer's Common Stock per RSU. The RSUs will vest, and the underlying shares will be concurrently issued in a series of three equal installments on March 1, 2024, March 1, 2025 and March 1, 2026, subject to the continued service of the reporting person through such vesting dates.
F2 Represents 8,379 restricted stock units ("RSUs") granted to the reporting person that will entitle the reporting person to receive one share of the Issuer's Common Stock per RSU. The RSUs will vest, and the underlying shares will be concurrently issued in a series of three equal installments on March 1, 2024, March 1, 2025 and March 1, 2026, subject to the continued service of the reporting person through such vesting dates. Does not include up to an additional 12,568 unvested performance stock units at target achievement (or up to an additional 25,136 unvested performance stock units at maximum achievement) which are eligible to vest upon the achievement of certain performance-based vesting conditions.

Remarks:

SVP, Chief Store Development Officer