Thomas F. Herman - Apr 21, 2023 Form 4/A - Amendment 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
Apr 21, 2023
Transactions value $
-$58,000
Form type
4/A - Amendment
Date filed
4/26/2023, 06:28 PM
Date Of Original Report
Apr 24, 2023
Previous filing
Apr 26, 2023
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GO Common Stock Sale -$58K -2K -6.37% $29.00 29.4K Apr 21, 2023 By Trust F1, F2
holding GO Common Stock 4.15K Apr 21, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a previously adopted Rule 10b5-1 trading plan.
F2 Reflects shares directly held by the Thomas F. Herman Separate Property Trust of which Mr. Herman is a Trustee.

Remarks:

This Form 4 is being amended solely to check the box indicating that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense of Rule 10b5-1(c).