JOHN B. REPLOGLE - 15 Nov 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 Nov 2024
Net transactions value
$0
Form type
4
Filing time
19 Nov 2024, 18:32:05 UTC
Previous filing
30 Oct 2024
Next filing
19 Feb 2025
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 +0.99% 399,773 15 Nov 2024 Direct F1
transaction GROV Class A Common Stock Options Exercise +3,093 +0.77% 402,866 15 Nov 2024 Direct F1
holding GROV Class A Common Stock 53 15 Nov 2024 See footnote F2

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 -20% 15,683 15 Nov 2024 Class A Common Stock 3,920 Direct F1, F3, F4
transaction GROV Restricted Stock Units Options Exercise -3,093 -20% 12,372 15 Nov 2024 Class A Common Stock 3,093 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
F2 These securities are directly held by Replogle Family LLC, for which the Reporting Person serves as manager.
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.