CHIKKALA RAMESH 4
4 · Grocery Outlet Holding Corp. · Filed Mar 4, 2024
Insider Transaction Report
Form 4
CHIKKALA RAMESH
EVP, Chief Operations Officer
Transactions
- Award
Common Stock
2024-02-29+9,694→ 9,694 total - Award
Common Stock
2024-02-29+15,510→ 25,204 total
Footnotes (2)
- [F1]Represents 9,694 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, 2024 to March 1, 2027, subject to the continued service of the reporting person through such vesting dates.
- [F2]Represents 15,510 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, 2024 to March 1, 2027, subject to the continued service of the reporting person through such vesting dates. Does not include up to an additional 23,265 unvested PSUs at target achievement (or up to an additional 46,530 unvested PSUs at maximum achievement) which are eligible to vest upon the achievement of certain performance-based vesting conditions.