Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
05 Aug 2022, 16:39:48 UTC
Prior SEC filing
05 Aug 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
NEXTVIEW VENTURES II, L.P. By: NextView Capital Partners II, LLC, its general partner, /s/ Robert Go, By: Robert Go, its Managing Member

Key filing fact

NextView Ventures II, L.P. filed Form 4 for Grove Collaborative Holdings, Inc. (GROV) on 05 Aug 2022.

Key facts

  • This page summarizes NextView Ventures II, L.P.'s Form 4 filing for Grove Collaborative Holdings, Inc. (GROV).
  • 0 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 05 Aug 2022, 16:39.

Change

  • Previous filing in this sequence was filed on 05 Aug 2022.
  • Current net transaction value: $0.

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.

GROV holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
50,100
Date
05 Aug 2022
Ownership
Direct
Footnotes
F1
GROV holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
100
Date
05 Aug 2022
Ownership
By: NextView Ventures II-A, L.P.
Footnotes
F2
GROV holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
100
Date
05 Aug 2022
Ownership
By: NextView Ventures I Co-Invest Fund, L.P.
Footnotes
F3

Reported derivative securities

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

GROV holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,684,890
Date
05 Aug 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,684,890
Exercise price
Footnotes
F1, F4
GROV holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,749,024
Date
05 Aug 2022
Ownership
By: NextView Ventures II-A, L.P.
Underlying class
Class A Common Stock
Underlying amount
1,749,024
Exercise price
Footnotes
F2, F4
GROV holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
546,349
Date
05 Aug 2022
Ownership
By: NextView Ventures I Co-Invest Fund, L.P.
Underlying class
Class A Common Stock
Underlying amount
546,349
Exercise price
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

NextView Ventures II, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

These securities are held directly by NextView Ventures II, L.P. ("NextView II"). NextView Capital Partners II, LLC ("NextView GP II"), the general partner of NextView II, may be deemed to have voting and investment power with respect to the shares held by NextView II. NextView GP II disclaims beneficial ownership of these securities and this report shall not be deemed an admission that it is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of its pecuniary interest therein.

Footnote F2

These securities are held directly by NextView Ventures II-A, L.P. ("NextView II-A"). NextView GP II, the general partner of NextView II-A, may be deemed to have voting and investment power with respect to the shares held by NextView II-A. NextView GP II disclaims beneficial ownership of these securities and this report shall not be deemed an admission that it is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of its pecuniary interest therein.

Footnote F3

These securities are held directly by NextView Ventures I Co-Invest Fund, L.P. ("NextView Co-Invest"). NextView Capital Partners Co-Invest, LLC ("NextView GP Co-Invest"), the general partner of NextView Co-Invest, may be deemed to have voting and investment power with respect to the shares held by NextView Co-Invest. NextView GP Co-Invest disclaims beneficial ownership of these securities and this report shall not be deemed an admission that it is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of its pecuniary interest therein.

Footnote F4

Each share of Class B Common Stock is convertible at any time into Class A Common Stock on a one-to-one basis at the holder's election for no additional consideration and has no expiration date.

SEC remarks

This Form 4 is not being filed in connection with the acquisition or disposition of any securities of the Issuer. NextView II entered into the Letter Agreement Regarding Restriction On Conversion Of Class B Common Stock with the Issuer (the "Agreement") on August 5, 2022. The Agreement provides that the holder of Class B Common Stock will not have a right to convert, subject to certain exceptions, the Class B Common Stock for Class A Common Stock if, as a result of such conversion, NextView II, together with its affiliates (which includes the Reporting Persons), would exceed a beneficial ownership limitation of 9.99% of the number of shares of Class A Common Stock outstanding immediately after giving effect to the issuance of the shares of Class A Common Stock upon conversion of the Class B Common Stock being converted. By virtue of the Agreement, the Reporting Persons are no longer subject to Section 16.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .