Filing Details
- Accession Number:
- 0001477932-22-001943
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-04-01 14:42:15
- Reporting Period:
- 2022-03-30
- Accepted Time:
- 2022-04-01 14:42:15
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1775194 | Grove Inc. | GRVI | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1592481 | Gene Salkind | C/O Grove Inc. 1710 Whitney Mesa Drive Henderson NV 89014 | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2022-03-30 | 125,000 | $4.00 | 125,000 | No | 4 | P | Indirect | Trustee |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | Trustee |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 2,352,942 | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common | Option Grant | $1.53 | 2022-02-01 | 2031-02-21 | 27,778 | 27,778 | Direct |
Common | Option Grant | $4.18 | 2024-07-21 | 2032-02-21 | 50,000 | 50,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2031-02-21 | 27,778 | 27,778 | Direct |
2032-02-21 | 50,000 | 50,000 | Direct |
Footnotes
- 125,000 shares were purchased at $4.00 per share in a private transaction through the Marital Trust GST subject U/W/O Leopold Salkind Gene Salkind, Trustee and considered indirect ownership of Gene Salkind
- 27,778 options are vested and shall be exercisable for a price of $1.53 for 10 years from February 1, 2021 (the "Grant Date")
- 16,667 options are vested and shall be exercisable for a price of $4.18 for 10 years from July 21, 2022 (the "Grant Date"). 33,333 options share vest on a monthly basis over a two year period and exercisable for a price of $4.18 per option share for a ten year period of 10 years from the Grant Date.
- 2,352,941 previously purchased and are jointly owned with Catherine Salkind.