Jeffrey Yurcisin - 18 Nov 2024 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Signature
/s/ Barbara Wallace, Attorney-in-Fact for Jeffrey Yurcisin
Issuer symbol
GROV
Transactions as of
18 Nov 2024
Transactions value $
$0
Form type
4
Filing time
20 Nov 2024, 15:58:03 UTC
Previous filing
19 Nov 2024
Next filing
10 Feb 2025

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 +30K 30K 18 Nov 2024 Class A Common Stock 30K Direct F1, F2, F3, F4
transaction GROV Restricted Stock Units Award +40K 40K 18 Nov 2024 Class A Common Stock 40K Direct F1, F2, F4
* 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 This award was issued in exchange for Mr. Yurcisin's voluntary reduction in cash compensation.
F3 These RSUs will vest quarterly in equal installments over 3 years on each February 15, May 15, August 15 and November 15 beginning February 15, 2025, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
F4 The RSUs have no expiration date.