Landesberg Stuart 4

4 · Grove Collaborative Holdings, Inc. · Filed May 16, 2025

Form 4

Period: 2025-05-15

Director

Transactions

Exercise/Conversion
Class A Common Stock
2025-05-15+75,615→ 1,403,036 total
Tax Payment
Class A Common Stock
2025-05-15$1.19/sh−26,980$32,106→ 1,376,056 total
Exercise/Conversion
Restricted Stock Units
2025-05-15−45,057→ 135,173 total
→ Class A Common Stock (45,057 underlying)
Exercise/Conversion
Class A Common Stock
2025-05-15+45,057→ 1,343,498 total
Tax Payment
Class A Common Stock
2025-05-15$1.19/sh−16,077$19,132→ 1,327,421 total
Exercise/Conversion
Restricted Stock Units
2025-05-15−75,615→ 75,620 total
→ Class A Common Stock (75,615 underlying)

Holdings

Footnotes (5)

[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 securities are directly held by The Landesberg Living Trust, dated October 15, 2021, for which the Reporting Person and his spouse serve as co-trustees.
[F4]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.
[F5]The RSUs have no expiration date.

Documents

1 file