Herman Thomas F 4
4 · Grocery Outlet Holding Corp. · Filed Jun 22, 2023
Insider Transaction Report
Form 4
HERMAN THOMAS F
Director
Transactions
- Award
Common Stock
2023-06-21+5,837→ 9,990 total
Holdings
- 25,400(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Represents 5,837 restricted stock units ("RSUs") granted to the reporting person which are scheduled to vest on the earlier of (i) the date of the next annual meeting of stockholders following the date of grant; or (ii) June 20, 2024, subject to the continued service of the reporting person through such vesting date. The RSUs represent the annual equity retainer under the Issuer's non-employee director compensation policy, including (i) a full annual equity award and (ii) a one-time pro rata annual equity award due to a change in 2023 from the historical grant date in early March to the annual meeting date.
- [F2]Reflects shares directly held by the Thomas F. Herman Separate Property Trust of which Mr. Herman is a Trustee.