RAMESH CHIKKALA - 29 Feb 2024 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Role: EVP, Chief Operations Officer
Signature: /s/ Lauri Fischer, Lauri Fischer, attorney-in-fact
Issuer symbol: GO
Transactions as of: 29 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 04 Mar 2024, 17:50:28 UTC
Previous filing: 26 Jan 2024
Next filing: 29 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	+9,694		$0.000000	9,694	29 Feb 2024	Direct	F1
transaction	GO	Common Stock	Award	$0	+15,510	+160%	$0.000000	25,204	29 Feb 2024	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents 9,694 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.
F2	Represents 15,510 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 23,265 unvested PSUs at target achievement (or up to an additional 46,530 unvested PSUs at maximum achievement) which are eligible to vest upon the achievement of certain performance-based vesting conditions.

Content

Represents 9,694 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.

Represents 15,510 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 23,265 unvested PSUs at target achievement (or up to an additional 46,530 unvested PSUs at maximum achievement) which are eligible to vest upon the achievement of certain performance-based vesting conditions.