Dane A. Drobny - 20 Feb 2023 Form 4 Insider Report for Groupon, Inc. (GRPN)

Reporting relationship: Chief Admin Officer, GC & Sec
Issuer ticker: GRPN
Reported as of: 20 Feb 2023
Net transaction value: -$27,658
SEC form: 4
Accepted by SEC: 22 Feb 2023, 18:06:06 UTC
Prior SEC filing: 04 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Dane Drobny

Key filing fact

Dane A. Drobny filed Form 4 for Groupon, Inc. (GRPN) on 22 Feb 2023.

Key facts

This page summarizes Dane A. Drobny's Form 4 filing for Groupon, Inc. (GRPN).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 22 Feb 2023, 18:06.

Change

Previous filing in this sequence was filed on 04 Jan 2023.
Current net transaction value: -$27,658.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GRPN transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +8,289
Change %: +5.9%
Price: $0.000000
Shares after: 149,496
Date: 20 Feb 2023
Ownership: Direct

GRPN transaction

Common Stock

Tax liability

Transaction value: $27,658
Shares: -3,673
Change %: -2.5%
Price: $7.53
Shares after: 145,823
Date: 20 Feb 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GRPN transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -8,289
Change %: -8.3%
Price: $0.000000
Shares after: 91,189
Date: 20 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,289
Exercise price
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units. This is not an open market sale of securities.

Footnote F2

Each restricted stock unit represents a contingent right to receive one share of Common Stock.

Footnote F3

The restricted stock units reported on this line will vest 1/16 quarterly on the 20th day of the second month of each calendar quarter from February 20, 2022 through November 20, 2023, and 1/8 quarterly on the 20th day of the second month of each calendar quarter from February 20, 2024 through November 20, 2024, subject to Mr. Drobny's continued employment with the Company or provision of material services to the Company through each vesting date.