Thomas F. Herman - Feb 28, 2024 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
Feb 28, 2024
Transactions value $
-$58,000
Form type
4
Date filed
2/28/2024, 07:13 PM
Previous filing
Dec 15, 2023
Next filing
Mar 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GO Common Stock Sale -$58K -2K -14.93% $29.00 11.4K Feb 28, 2024 By Trust F1, F2
holding GO Common Stock 9.99K Feb 28, 2024 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 The sales reported in this Form 4 were effected pursuant to a previously adopted Rule 10b5-1 trading plan adopted August 30, 2023.
F2 Reflects shares directly held by the Thomas F. Herman Separate Property Trust of which Mr. Herman is a Trustee.