Jeffrey Yurcisin - Feb 15, 2025 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
President & CEO, Director
Signature
/s/ Barbara Wallace, Attorney-in-Fact for Jeffrey Yurcisin
Stock symbol
GROV
Transactions as of
Feb 15, 2025
Transactions value $
-$12,063
Form type
4
Date filed
2/19/2025, 08:13 PM
Previous filing
Feb 10, 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 +21.3K +10.74% 219K Feb 15, 2025 Direct F1
transaction GROV Class A Common Stock Tax liability -$10.8K -6.39K -2.91% $1.69 213K Feb 15, 2025 Direct F2
transaction GROV Class A Common Stock Options Exercise +2.5K +1.18% 215K Feb 15, 2025 Direct F1
transaction GROV Class A Common Stock Tax liability -$1.27K -752 -0.35% $1.69 214K Feb 15, 2025 Direct 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 -21.3K -9.09% 213K Feb 15, 2025 Class A Common Stock 21.3K Direct F1, F3, F4
transaction GROV Restricted Stock Units Options Exercise -2.5K -8.33% 27.5K Feb 15, 2025 Class A Common Stock 2.5K 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 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.
F3 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.
F4 The RSUs have no expiration date.
F5 These RSUs will vest in quarterly installments each February 15, May 15, August 15 and November 15 commencing on May 15, 2024, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.