4//SEC Filing
McAndrews Brian 4
Accession 0001771515-22-000031
CIK 0001771515other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 7:37 PM ET
Size
17.1 KB
Accession
0001771515-22-000031
Insider Transaction Report
Form 4
McAndrews Brian
SVP, Store Development
Transactions
- Sale
Common Stock
2022-03-03$28.33/sh−2,064$58,471→ 13,669 total - Sale
Common Stock
2022-03-04$29.26/sh−10,000$292,590→ 24,533 total - Award
Common Stock
2022-03-03+10,864→ 24,533 total - Exercise/Conversion
Common Stock
2022-03-04$10.30/sh+10,000$103,000→ 34,533 total - Exercise/Conversion
Stock Options (Right to Buy)
2022-03-04−10,000→ 31,165 totalExercise: $10.30Exp: 2028-06-25→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]These shares were sold to satisfy the reporting person's tax withholding obligation upon vesting of RSUs previously granted.
- [F2]Represents 10,864 restricted stock units ("RSUs") granted to the reporting person that will entitle the reporting person to receive one share of the Issuer's Common Stock per RSU. The RSUs will vest, and the underlying shares will be concurrently issued in a series of three equal installments upon the reporting person's completion of each 12 month period of service over the period measured from March 1, 2022 to March 1, 2025, subject to the continued service of the reporting person through such vesting dates. Does not include up to an additional 16,295 unvested performance stock units at target achievement (or up to an additional 32,590 unvested performance stock units at maximum achievement) which are eligible to vest upon the achievement of certain performance-based vesting conditions.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.24 to $29.30, inclusive. The reporting person undertakes to provide to Grocery Outlet Holding Corp. (the "Issuer"), any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]Represents previously granted stock options which were deemed earned and acquired upon the satisfaction of certain performance vesting criteria. These stock options are vested and exercisable.
Issuer
Grocery Outlet Holding Corp.
CIK 0001771515
Entity typeother
Related Parties
1- filerCIK 0001808258
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 7:37 PM ET
- Size
- 17.1 KB