Cervantes Sergio 4

Accession 0001127602-25-005756

CIK 0001841761other

Filed

Feb 18, 7:00 PM ET

Accepted

Feb 19, 8:19 PM ET

Size

24.6 KB

Accession

0001127602-25-005756

Form 4

Period: 2025-02-15

Chief Financial Officer

Transactions

Exercise/Conversion
Class A Common Stock
2025-02-15+8,820→ 271,106 total
Tax Payment
Class A Common Stock
2025-02-15$1.69/sh−4,322$7,304→ 266,784 total
Exercise/Conversion
Class A Common Stock
2025-02-15+25,347→ 292,131 total
Tax Payment
Class A Common Stock
2025-02-15$1.69/sh−12,420$20,990→ 279,711 total
Exercise/Conversion
Class A Common Stock
2025-02-15+31,209→ 310,920 total
Tax Payment
Class A Common Stock
2025-02-15$1.69/sh−15,293$25,845→ 295,627 total
Exercise/Conversion
Class A Common Stock
2025-02-15+4,000→ 299,627 total
Tax Payment
Class A Common Stock
2025-02-15$1.69/sh−1,960$3,312→ 297,667 total
Exercise/Conversion
Restricted Stock Units
2025-02-15−8,820→ 44,103 total
→ Class A Common Stock (8,820 underlying)
Exercise/Conversion
Restricted Stock Units
2025-02-15−25,347→ 202,770 total
→ Class A Common Stock (25,347 underlying)
Exercise/Conversion
Restricted Stock Units
2025-02-15−31,209→ 62,425 total
→ Class A Common Stock (31,209 underlying)
Exercise/Conversion
Restricted Stock Units
2025-02-15−4,000→ 8,000 total
→ Class A Common Stock (4,000 underlying)

Footnotes (6)

[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]These RSUs vest 25% on May 15, 2023, and then in quarterly installments for the next 36 months, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason.
[F4]The RSUs have no expiration date.
[F5]These RSUs will vest in quarterly installments each February 15, May 15, August 15 and November 15 commencing on May 15, 2024, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
[F6]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 on May 15, 2023.

Documents

1 file

Grove Collaborative Holdings, Inc.

CIK 0001841761

Entity typeother