Zach Rasmuson - Dec 14, 2021 Form 4 Insider Report for Duckhorn Portfolio, Inc. (NAPA)

Role
Officer
Signature
/s/ Sean Sullivan, as attorney-in-fact
Stock symbol
NAPA
Transactions as of
Dec 14, 2021
Transactions value $
-$267,712
Form type
4
Date filed
12/15/2021, 07:43 PM
Previous filing
Oct 19, 2021
Next filing
Jan 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAPA Common Stock Sale -$116K -5.14K -0.91% $22.51 563K Dec 14, 2021 Direct F1, F2
transaction NAPA Common Stock Sale -$152K -6.97K -1.24% $21.80 556K Dec 15, 2021 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.50 to $22.54. The Reporting Person undertakes to provide The Duckhorn Portfolio, Inc., any security holder of The Duckhorn Portfolio, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.67 to $22.00. The Reporting Person undertakes to provide The Duckhorn Portfolio, Inc., any security holder of The Duckhorn Portfolio, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

Executive Vice President, Chief Operating Officer. Mr. Sullivan is signing on behalf of the Reporting Person pursuant to a Limited Power of Attorney dated March 18, 2021, which was previously filed with the Securities and Exchange Commission.