Key facts
- This page summarizes BFT (PTC) Ltd's Form 3 filing for Grove Collaborative Holdings, Inc. (GROV).
- 0 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 03 Nov 2023, 16:17.
BFT (PTC) Ltd - 01 Nov 2023 Form 3 Insider Report for Grove Collaborative Holdings, Inc. (GROV)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- GROV
- Reported as of
- 01 Nov 2023
- Net transaction value
- $0
- Reporting owner signature
- BFT (PTC) Limited, By: /s/ James Cahillane, as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
BFT (PTC) Ltd filed Form 3 for Grove Collaborative Holdings, Inc. (GROV) on 03 Nov 2023.
Change
- No earlier filing in this sequence is available for direct comparison.
- 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
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
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
- 4,533,841
- Date
- 01 Nov 2023
- Ownership
- See footnote
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
GROV
holding
Derivative
Warrants
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 01 Nov 2023
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 775,005
- Exercise price
- $0.0500
- Footnotes
- F2, F3
GROV
holding
Derivative
Warrants
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 01 Nov 2023
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,340,000
- Exercise price
- $57.50
- Footnotes
- F2, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Consists of (i) 1,994,500 shares of Class A Common Stock owned of record by Virgin Group Acquisition Sponsor II LLC ("Sponsor") and (ii) 2,539,341 shares of Class A Common Stock owned of record by Corvina Holdings Limited ("Corvina").
Footnote F2
Corvina is the sole managing member and manager of Sponsor and holds an economic interest therein. Corvina is wholly owned by Virgin Group Holdings Limited ("VGHL"). BFT (PTC) Limited ("PTC'), in its capacity as trustee of trusts for the benefit of members of Sir Richard Branson's family and related philanthropic causes, is the sole holder of voting shares of VGHL. Under the terms of the trusts, BFT CLG (PTC) Limited has certain consent rights with respect to the exercise by PTC of its control over VGHL. As a result, each of the foregoing entities may be deemed to share beneficial ownership of the shares held by Sponsor and Corvina. Mr. Branson indirectly has the ability to control the appointment and removal of the management of VGHL and, as such, may be deemed to indirectly control the decisions of VGHL, regarding the voting and disposition of securities held by VGHL. Therefore, Mr. Branson may be deemed to have indirect beneficial ownership of the shares held by Sponsor and Corvina.
Footnote F3
Consists of 775,005 shares of Class A Common Stock underlying 3,875,028 warrants owned of record by Corvina.
Footnote F4
Consists of 1,340,000 shares of Class A Common Stock underlying 6,700,000 warrants owned of record by Sponsor.
SEC remarks
Exhibit List - Exhibit 24 - Power of Attorney