4//SEC Filing
Perry Jennie 4
Accession 0001127602-24-015796
CIK 0001841761other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 3:02 PM ET
Size
25.3 KB
Accession
0001127602-24-015796
Insider Transaction Report
Form 4
Perry Jennie
Chief Marketing Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2024-05-15+13,364→ 177,573 total - Tax Payment
Class A Common Stock
2024-05-15$1.66/sh−5,259$8,730→ 172,314 total - Exercise/Conversion
Class A Common Stock
2024-05-15+7,096→ 179,410 total - Tax Payment
Class A Common Stock
2024-05-15$1.66/sh−2,793$4,636→ 176,617 total - Exercise/Conversion
Class A Common Stock
2024-05-15+16,339→ 192,956 total - Tax Payment
Class A Common Stock
2024-05-15$1.66/sh−6,430$10,674→ 186,526 total - Exercise/Conversion
Class A Common Stock
2024-05-15+14,114→ 200,640 total - Tax Payment
Class A Common Stock
2024-05-15$1.66/sh−5,554$9,220→ 195,086 total - Exercise/Conversion
Restricted Stock Units
2024-05-15−13,364→ 147,007 total→ Class A Common Stock (13,364 underlying) - Exercise/Conversion
Restricted Stock Units
2024-05-15−7,096→ 17,630 total→ Class A Common Stock (7,096 underlying) - Exercise/Conversion
Restricted Stock Units
2024-05-15−16,339→ 114,382 total→ Class A Common Stock (16,339 underlying) - Exercise/Conversion
Restricted Stock Units
2024-05-15−14,114→ 70,574 total→ Class A Common Stock (14,114 underlying)
Footnotes (7)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
- [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.
- [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.
- [F4]The RSUs have no expiration date.
- [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.
- [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.
- [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.
Documents
Issuer
Grove Collaborative Holdings, Inc.
CIK 0001841761
Entity typeother
Related Parties
1- filerCIK 0001930562
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 3:02 PM ET
- Size
- 25.3 KB