4//SEC Filing
MAYFIELD XV, A CAYMAN ISLANDS EXEMPTED LIMITED PARTNERSHIP 4
Accession 0000899243-23-017400
CIK 0001841761other
Filed
Jul 16, 8:00 PM ET
Accepted
Jul 17, 4:22 PM ET
Size
26.3 KB
Accession
0000899243-23-017400
Insider Transaction Report
Form 4
Mayfield XV Management (EGP), L.P.
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-07-14+432,296→ 472,296 total(indirect: By Partnership) - Conversion
Class A Common Stock
2023-07-14+2,443,783→ 2,443,783 total(indirect: By Partnership) - Sale
Class A Common Stock
2023-07-14$1.60/sh−780,000$1,248,000→ 1,663,783 total(indirect: By Partnership) - Sale
Class A Common Stock
2023-07-14$1.60/sh−150,000$240,000→ 322,296 total(indirect: By Partnership) - Conversion
Class B Common Stock
2023-07-14−2,443,783→ 241,991 total(indirect: By Partnership)→ Class A Common Stock (2,443,783 underlying) - Conversion
Class B Common Stock
2023-07-14−432,296→ 42,807 total(indirect: By Partnership)→ Class A Common Stock (432,296 underlying)
Transactions
- Conversion
Class A Common Stock
2023-07-14+2,443,783→ 2,443,783 total(indirect: By Partnership) - Conversion
Class A Common Stock
2023-07-14+432,296→ 472,296 total(indirect: By Partnership) - Sale
Class A Common Stock
2023-07-14$1.60/sh−150,000$240,000→ 322,296 total(indirect: By Partnership) - Conversion
Class B Common Stock
2023-07-14−432,296→ 42,807 total(indirect: By Partnership)→ Class A Common Stock (432,296 underlying) - Sale
Class A Common Stock
2023-07-14$1.60/sh−780,000$1,248,000→ 1,663,783 total(indirect: By Partnership) - Conversion
Class B Common Stock
2023-07-14−2,443,783→ 241,991 total(indirect: By Partnership)→ Class A Common Stock (2,443,783 underlying)
Transactions
- Conversion
Class A Common Stock
2023-07-14+2,443,783→ 2,443,783 total(indirect: By Partnership) - Sale
Class A Common Stock
2023-07-14$1.60/sh−780,000$1,248,000→ 1,663,783 total(indirect: By Partnership) - Sale
Class A Common Stock
2023-07-14$1.60/sh−150,000$240,000→ 322,296 total(indirect: By Partnership) - Conversion
Class B Common Stock
2023-07-14−2,443,783→ 241,991 total(indirect: By Partnership)→ Class A Common Stock (2,443,783 underlying) - Conversion
Class B Common Stock
2023-07-14−432,296→ 42,807 total(indirect: By Partnership)→ Class A Common Stock (432,296 underlying) - Conversion
Class A Common Stock
2023-07-14+432,296→ 472,296 total(indirect: By Partnership)
Mayfield XV Management (UGP), Ltd.
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-07-14+2,443,783→ 2,443,783 total(indirect: By Partnership) - Conversion
Class A Common Stock
2023-07-14+432,296→ 472,296 total(indirect: By Partnership) - Sale
Class A Common Stock
2023-07-14$1.60/sh−150,000$240,000→ 322,296 total(indirect: By Partnership) - Sale
Class A Common Stock
2023-07-14$1.60/sh−780,000$1,248,000→ 1,663,783 total(indirect: By Partnership) - Conversion
Class B Common Stock
2023-07-14−2,443,783→ 241,991 total(indirect: By Partnership)→ Class A Common Stock (2,443,783 underlying) - Conversion
Class B Common Stock
2023-07-14−432,296→ 42,807 total(indirect: By Partnership)→ Class A Common Stock (432,296 underlying)
Transactions
- Sale
Class A Common Stock
2023-07-14$1.60/sh−150,000$240,000→ 322,296 total(indirect: By Partnership) - Conversion
Class B Common Stock
2023-07-14−2,443,783→ 241,991 total(indirect: By Partnership)→ Class A Common Stock (2,443,783 underlying) - Conversion
Class A Common Stock
2023-07-14+2,443,783→ 2,443,783 total(indirect: By Partnership) - Conversion
Class A Common Stock
2023-07-14+432,296→ 472,296 total(indirect: By Partnership) - Sale
Class A Common Stock
2023-07-14$1.60/sh−780,000$1,248,000→ 1,663,783 total(indirect: By Partnership) - Conversion
Class B Common Stock
2023-07-14−432,296→ 42,807 total(indirect: By Partnership)→ Class A Common Stock (432,296 underlying)
Transactions
- Conversion
Class B Common Stock
2023-07-14−2,443,783→ 241,991 total(indirect: By Partnership)→ Class A Common Stock (2,443,783 underlying) - Conversion
Class A Common Stock
2023-07-14+432,296→ 472,296 total(indirect: By Partnership) - Conversion
Class A Common Stock
2023-07-14+2,443,783→ 2,443,783 total(indirect: By Partnership) - Sale
Class A Common Stock
2023-07-14$1.60/sh−780,000$1,248,000→ 1,663,783 total(indirect: By Partnership) - Conversion
Class B Common Stock
2023-07-14−432,296→ 42,807 total(indirect: By Partnership)→ Class A Common Stock (432,296 underlying) - Sale
Class A Common Stock
2023-07-14$1.60/sh−150,000$240,000→ 322,296 total(indirect: By Partnership)
Footnotes (5)
- [F1]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 reporting person's election and has no expiration date.
- [F2]Mayfield XV Management (UGP), Ltd., a Cayman Islands Exempted Company (MF XV UGP), is the general partner of Mayfield XV Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership (MF XV EGP), which is the general partner of Mayfield XV, a Cayman Islands Exempted Limited Partnership (MF XV). Rajeev Batra, Navin Chaddha, and Urshit Parikh, the directors of MF XV UGP, may be deemed to share beneficial ownership of the shares owned by MF XV, but each of the individuals disclaims such beneficial ownership.
- [F3]Mayfield Select Management (UGP), Ltd., a Cayman Islands Exempted Company (MF Select UGP), is the general partner of Mayfield Select Management (EGP), L.P., a Cayman Islands Exempted Limited Partnership (MF Select EGP), which is the general partner of Mayfield Select, a Cayman Islands Exempted Limited Partnership (MF Select). Messrs. Batra, Chaddha, and Parikh, the directors of MF Select UGP, may be deemed to share beneficial ownership of the shares owned by MF Select, but each of the individuals disclaims such beneficial ownership.
- [F4]Represents restricted shares of Class B Common Stock that will vest in two substantially equal installments if the daily volume weighted average price ("VWAP") per share of the Issuer's Class A Common Stock for any 20 trading days within any 30-trading-day period prior to June 16, 2032 equals or exceeds the following thresholds: $62.50 and $75.00. Includes 23,287 shares of Class B Common Stock received pursuant to a post-closing earnout adjustment exempt from reporting pursuant to Rule 16a-9.
- [F5]Represents restricted shares of Class B Common Stock that will vest in two substantially equal installments if the daily volume weighted average price ("VWAP") per share of the Issuer's Class A Common Stock for any 20 trading days within any 30-trading-day period prior to June 16, 2032 equals or exceeds the following thresholds: $62.50 and $75.00. Includes 4,119 shares of Class B Common Stock received pursuant to a post-closing earnout adjustment exempt from reporting pursuant to Rule 16a-9.
Documents
Issuer
Grove Collaborative Holdings, Inc.
CIK 0001841761
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001666825
Filing Metadata
- Form type
- 4
- Filed
- Jul 16, 8:00 PM ET
- Accepted
- Jul 17, 4:22 PM ET
- Size
- 26.3 KB