Lori Beaudoin - Sep 30, 2022 Form 4 Insider Report for Duckhorn Portfolio, Inc. (NAPA)

Role
Executive Vice President, Chief Financial Officer
Signature
/s/ Sean Sullivan as attorney-in-fact
Stock symbol
NAPA
Transactions as of
Sep 30, 2022
Transactions value $
$0
Form type
4
Date filed
10/4/2022, 05:01 PM
Previous filing
Jun 6, 2022
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAPA Common Stock Award $0 +31.2K +57.36% $0.00 85.6K Sep 30, 2022 Direct F1
holding NAPA Common Stock 845K Sep 30, 2022 By trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NAPA Stock Options Award $0 +93.6K $0.00 93.6K Sep 30, 2022 Common Stock 93.6K $14.43 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction constitutes a grant of restricted stock units, which were granted under the company's 2021 Equity Incentive Plan and vests 25% on each anniversary of the grant date over a four-year period.
F2 Shares held of record by Lori Beaudoin, trustee of The Brian and Lori Beaudoin Trust 2005, as Amended and Restated in 2012. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.
F3 The option was granted under the company's 2021 Equity Incentive Plan and vests 25% on each anniversary of the grant date over a four-year period.

Remarks:

Executive Vice President, Chief Financial Officer