Jeffrey Yurcisin - 16 Aug 2023 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GROV	Restricted Stock Units	Award		+340K			340K	16 Aug 2023	Class A Common Stock	340K		Direct	F1, F2, F3
transaction	GROV	Restricted Stock Units	Award		+510K			510K	16 Aug 2023	Class A Common Stock	510K		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
F2	These RSUs vest 25% on August 15, 2024, and then in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
F3	These RSUs have no expiration date.
F4	These RSUs vest 25% on August 15, 2024, and then in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, and subject to the achievement of specified stock price metrics as follows: (1) with respect to 25%, 50% and 75% cumulative vested percentages, a 90-day volume weighted average trading price ("VWATP") of $5.00, $8.00 and $12.50, respectively, per share of Class A Common Stock must be achieved on or before the four-year anniversary of August 16, 2023, and (2) with respect to 100% cumulative vested percentage, a 90-day VWATP of $21.10 per share of Class A Common Stock must be achieved on or before the five-year anniversary of August 16, 2023.