Thomas F. Herman - Jun 21, 2023 Form 4 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
Jun 21, 2023
Transactions value $
$0
Form type
4
Date filed
6/22/2023, 07:44 PM
Previous filing
Jun 20, 2023
Next filing
Jul 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GO Common Stock Award $0 +5.84K +140.55% $0.00 9.99K Jun 21, 2023 Direct F1
holding GO Common Stock 25.4K Jun 21, 2023 By Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 5,837 restricted stock units ("RSUs") granted to the reporting person which are scheduled to vest on the earlier of (i) the date of the next annual meeting of stockholders following the date of grant; or (ii) June 20, 2024, subject to the continued service of the reporting person through such vesting date. The RSUs represent the annual equity retainer under the Issuer's non-employee director compensation policy, including (i) a full annual equity award and (ii) a one-time pro rata annual equity award due to a change in 2023 from the historical grant date in early March to the annual meeting date.
F2 Reflects shares directly held by the Thomas F. Herman Separate Property Trust of which Mr. Herman is a Trustee.