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

Role
President, Chief Executive Officer, Director
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, 05:12 PM
Previous filing
Jun 6, 2022
Next filing
Dec 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAPA Common Stock Award $0 +91.9K +84.27% $0.00 201K Sep 30, 2022 Direct F1
holding NAPA Common Stock 1.57M 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 +276K $0.00 276K Sep 30, 2022 Common Stock 276K $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 Alex Ryan, trustee of the Alex & Jeanine Ryan 2015 Revocable Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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:

President, Chief Executive Officer