Jennie Perry - 15 May 2024 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 May 2024, 15:02:48 UTC
Prior SEC filing
28 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/Barbara Wallace, Attorney-in-Fact for Jennie Perry

Key filing fact

Jennie Perry filed Form 4 for Grove Collaborative Holdings, Inc. (GROV) on 17 May 2024.

Key facts

  • This page summarizes Jennie Perry's Form 4 filing for Grove Collaborative Holdings, Inc. (GROV).
  • 12 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 17 May 2024, 15:02.

Change

  • Previous filing in this sequence was filed on 28 Feb 2024.
  • Current net transaction value: -$33,260.

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 transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+13,364
Change %
+8.1%
Price
Shares after
177,573
Date
15 May 2024
Ownership
Direct
Footnotes
F1
GROV transaction

Class A Common Stock

Tax liability

Transaction value
$8,730
Shares
-5,259
Change %
-3%
Price
$1.66
Shares after
172,314
Date
15 May 2024
Ownership
Direct
Footnotes
F2
GROV transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+7,096
Change %
+4.1%
Price
Shares after
179,410
Date
15 May 2024
Ownership
Direct
Footnotes
F1
GROV transaction

Class A Common Stock

Tax liability

Transaction value
$4,636
Shares
-2,793
Change %
-1.6%
Price
$1.66
Shares after
176,617
Date
15 May 2024
Ownership
Direct
Footnotes
F2
GROV transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+16,339
Change %
+9.3%
Price
Shares after
192,956
Date
15 May 2024
Ownership
Direct
Footnotes
F1
GROV transaction

Class A Common Stock

Tax liability

Transaction value
$10,674
Shares
-6,430
Change %
-3.3%
Price
$1.66
Shares after
186,526
Date
15 May 2024
Ownership
Direct
Footnotes
F2
GROV transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+14,114
Change %
+7.6%
Price
Shares after
200,640
Date
15 May 2024
Ownership
Direct
Footnotes
F1
GROV transaction

Class A Common Stock

Tax liability

Transaction value
$9,220
Shares
-5,554
Change %
-2.8%
Price
$1.66
Shares after
195,086
Date
15 May 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

GROV transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-13,364
Change %
-8.3%
Price
Shares after
147,007
Date
15 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
13,364
Exercise price
Footnotes
F1, F3, F4
GROV transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-7,096
Change %
-29%
Price
Shares after
17,630
Date
15 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
7,096
Exercise price
Footnotes
F1, F4, F5
GROV transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-16,339
Change %
-12%
Price
Shares after
114,382
Date
15 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
16,339
Exercise price
Footnotes
F1, F4, F6
GROV transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-14,114
Change %
-17%
Price
Shares after
70,574
Date
15 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
14,114
Exercise price
Footnotes
F1, F4, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock

Footnote F2

These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.

Footnote F3

1/12th of the shares subject to the Award shall vest on each of the Company's Standard Quarterly Vesting Dates (February 15th, May 15th, August 15th and November 15th of each year; provided, that if such date occurs on a weekend or federal holiday, vesting shall occur on the next business day) beginning with the first quarterly vesting date in the next calendar quarter following the Vesting Commencement Date.

Footnote F4

The RSUs have no expiration date.

Footnote F5

These RSUs will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2025, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.

Footnote F6

These RSUs will vest in twelve equal installments on each February 15th, May 15th, August 15th and November 15th of each year (provided, that if such date occurs on a weekend or federal holiday, vesting shall occur on the next business day) beginning on May 15, 2023, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason.

Footnote F7

1/10th of the shares subject to the Award shall vest on each of the Company's Standard Quarterly Vesting Dates (February 15th, May 15th, August 15th and November 15th of each year; provided, that if such date occurs on a weekend or federal holiday, vesting shall occur on the next business day) beginning with the first quarterly vesting date in the next calendar quarter following the Vesting Commencement Date.

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