Lindsay E. Gray - Feb 29, 2024 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Role: SVP, Accounting
Signature: /s/ Lauri Fischer, Lauri Fischer, attorney-in-fact
Stock symbol: GO
Transactions as of: Feb 29, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/4/2024, 05:47 PM
Previous filing: Mar 7, 2023
Next filing: Mar 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GO	Common Stock	Award	$0	+4.66K	+16%	$0.00	33.8K	Feb 29, 2024	Direct	F1
transaction	GO	Common Stock	Award	$0	+8.02K	+23.74%	$0.00	41.8K	Feb 29, 2024	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents fully vested shares of the Issuer's Common Stock acquired by the reporting person upon certification by the Issuer's Compensation Committee that certain performance-based vesting conditions had been satisfied with respect to performance stock units ("PSUs") granted to the reporting person on March 4, 2021.
F2	Represents 8,015 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 upon the reporting person's completion of each 12 month period of service over the period measured from March 1, 2024 to March 1, 2027, subject to the continued service of the reporting person through such vesting dates. Does not include up to an additional 12,023 unvested PSUs at target achievement (or up to an additional 24,046 unvested PSUs at maximum achievement) which are eligible to vest upon the achievement of certain performance-based vesting conditions.

Content

Represents fully vested shares of the Issuer's Common Stock acquired by the reporting person upon certification by the Issuer's Compensation Committee that certain performance-based vesting conditions had been satisfied with respect to performance stock units ("PSUs") granted to the reporting person on March 4, 2021.

Represents 8,015 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 upon the reporting person's completion of each 12 month period of service over the period measured from March 1, 2024 to March 1, 2027, subject to the continued service of the reporting person through such vesting dates. Does not include up to an additional 12,023 unvested PSUs at target achievement (or up to an additional 24,046 unvested PSUs at maximum achievement) which are eligible to vest upon the achievement of certain performance-based vesting conditions.