JOHN B. REPLOGLE - 15 Feb 2024 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
Director
Signature
/s/Barbara Wallace, Attorney-in-Fact for John B. Replogle
Issuer symbol
GROV
Transactions as of
15 Feb 2024
Net transactions value
$0
Form type
4
Filing time
20 Feb 2024, 20:18:50 UTC
Previous filing
05 Feb 2024
Next filing
13 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GROV Class A Common Stock Options Exercise +3,920 +1.2% 320,612 15 Feb 2024 Direct F2
transaction GROV Class A Common Stock Options Exercise +3,093 +0.96% 323,705 15 Feb 2024 Direct F2
holding GROV Class A Common Stock 53 15 Feb 2024 See footnote F1

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 Options Exercise -3,920 -12% 27,443 15 Feb 2024 Class A Common Stock 3,920 Direct F2, F3, F4
transaction GROV Restricted Stock Units Options Exercise -3,093 -12% 21,651 15 Feb 2024 Class A Common Stock 3,093 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are directly held by Replogle Family LLC, for which the Reporting Person serves as manager.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
F3 These RSUs vested 30% on November 15, 2022, and then 7.5% for each subsequent quarter of continuous service for the following year and then 5% for each subsequent quarter of continuous service for the following two years.
F4 The RSUs have no expiration date.
F5 These RSUs vest approximately as follows: with respect to 201,039 RSUs, 15,459 vested and settled on November 15, 2022, and the rest will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on November 15, 2025, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.