Filing Details
- Accession Number:
- 0001127602-23-016012
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-05-17 18:09:42
- Reporting Period:
- 2023-05-15
- Accepted Time:
- 2023-05-17 18:09:42
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1841761 | Grove Collaborative Holdings Inc. | GROV | Retail-Catalog & Mail-Order Houses (5961) | 882840659 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1930730 | Christopher Clark | C/O Grove Collaborative Holdings, Inc. 1301 Sansome Street San Francisco CA 94111 | Chief Digital Officer | Yes | Yes | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2023-05-15 | 30,626 | $0.00 | 563,127 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-05-15 | 14,042 | $0.49 | 549,085 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2023-05-15 | 4,501 | $0.00 | 553,586 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-05-15 | 2,064 | $0.49 | 551,522 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2023-05-15 | 6,902 | $0.00 | 558,424 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-05-15 | 3,165 | $0.49 | 555,259 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2023-05-15 | 84,222 | $0.00 | 639,481 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-05-15 | 38,616 | $0.49 | 600,865 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2023-05-15 | 10,806 | $0.00 | 611,671 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-05-15 | 4,955 | $0.49 | 606,716 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2023-05-15 | 9,155 | $0.00 | 615,871 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-05-15 | 4,198 | $0.49 | 611,673 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2023-05-15 | 60,907 | $0.00 | 672,580 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-05-15 | 27,927 | $0.49 | 644,653 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2023-05-15 | 10,000 | $0.47 | 634,653 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2023-05-16 | 14,849 | $0.45 | 619,804 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | Disposition | 2023-05-15 | 30,626 | $0.00 | 30,626 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2023-05-15 | 4,501 | $0.00 | 4,501 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2023-05-15 | 6,902 | $0.00 | 6,902 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2023-05-15 | 84,222 | $0.00 | 84,222 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2023-05-15 | 10,806 | $0.00 | 10,806 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2023-05-15 | 9,155 | $0.00 | 9,155 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2023-05-15 | 60,907 | $0.00 | 60,907 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 91,878 | No | 4 | M | Direct | ||
| 50,125 | No | 4 | M | Direct | ||
| 29,714 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 669,975 | No | 4 | M | Direct |
Footnotes
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
- 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.
- The transaction was executed in multiple trades in prices ranging from $.4612 to $.4793, inclusive. The price reported in Column 4 above reflects the weighted average sales price. The Reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote of this Form 4.
- The transaction was executed in multiple trades in prices ranging from $.450 to $.4833, inclusive. The price reported in Column 4 above reflects the weighted average sales price. The Reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote of this Form 4.
- These RSUs will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2024, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
- The RSUs have no expiration date.
- These RSUs will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on November 15, 2024, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
- These RSUs will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2025, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
- These RSUs shall vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date
- 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.
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