Eric J. Lindberg Jr. - Oct 30, 2024 Form 4 Insider Report for Grocery Outlet Holding Corp. (GO)

Signature
/s/ Lauri Fischer, Lauri Fischer, attorney-in-fact
Stock symbol
GO
Transactions as of
Oct 30, 2024
Transactions value $
$0
Form type
4
Date filed
10/31/2024, 06:18 PM
Previous filing
Sep 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GO Common Stock Award $0 +295K +416.25% $0.00 366K Oct 30, 2024 Direct F1
holding GO Common Stock 2.03M Oct 30, 2024 By Lindberg Revocable Trust F2
holding GO Common Stock 402K Oct 30, 2024 By Lindberg Irrevocable Trust F3
holding GO Common Stock 460 Oct 30, 2024 By child
holding GO Common Stock 460 Oct 30, 2024 By spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 295,280 restricted stock units ("RSUs") granted to the reporting person. The RSUs will vest, subject to the reporting person's continued employment through the applicable vesting date, on the earliest of (i) the date a permanent President and Chief Executive Officer commences employment with the Issuer (the "New CEO Commencement Date"), (ii) October 29, 2025, or (iii) the date of the reporting person's resignation or termination in an amount based on the number of days out of 365 that the reporting persons serves as the Issuer's Interim President and Chief Executive Officer. If the reporting persons resigns from his employment (other than at the request of, or in mutual agreement with, the Issuer's Board of Directors) or is terminated by the Issuer for Cause (as defined in his employment agreement) prior to the New CEO Commencement Date, none of the RSUs will vest.
F2 Reflects shares directly held by The Lindberg Family Revocable Trust u/a/d 2/14/2006 of which Mr. Lindberg is a Trustee
F3 Reflects shares directly held by the Lindberg Irrevocable Trust u/a/d 5/12/17 of which Mr. Lindberg is a Trustee.