Sean Sullivan - Oct 11, 2023 Form 4 Insider Report for Duckhorn Portfolio, Inc. (NAPA)

Role
Executive Vice President, Chief Strategy and Legal Officer.
Signature
/s/ Sean Sullivan, as attorney-in-fact
Stock symbol
NAPA
Transactions as of
Oct 11, 2023
Transactions value $
$0
Form type
4
Date filed
10/13/2023, 06:15 PM
Previous filing
Sep 21, 2023
Next filing
Nov 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAPA Common Stock Award $0 +41.7K +32.27% $0.00 171K Oct 11, 2023 Direct F1
holding NAPA Common Stock 483 Oct 11, 2023 ESPP

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 +125K $0.00 125K Oct 11, 2023 Common Stock 125K $9.90 Direct F2
* 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% per year over a four-year period.
F2 These stock options vest in four (4) equal annual installments, commencing September 19, 2023, and expire on the tenth anniversary of the grant.

Remarks:

Executive Vice President, Chief Strategy and Legal Officer.