Zach Rasmuson - 01 Apr 2022 Form 4 Insider Report for Duckhorn Portfolio, Inc. (NAPA)

Role
Officer
Signature
/s/ Sean Sullivan, as attorney-in-fact
Issuer symbol
NAPA
Transactions as of
01 Apr 2022
Transactions value $
-$229,089
Form type
4
Date filed
05 Apr 2022, 17:57
Previous filing
23 Sep 2022
Next filing
06 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAPA Common Stock Sale -$229K -12.5K -2.64% $18.33 460K 01 Apr 2022 By trust F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.17 to $18.62. The Reporting Person undertakes to provide The Duckhorn Portfolio, Inc., any security holder of The Duckhorn Portfolio, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Shares held of record by Zach Rasmuson, trustee of the Rasmuson 2016 Family Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.

Remarks:

Executive Vice President, Chief Operating Officer. Mr. Sullivan is signing on behalf of the Reporting Person pursuant to a Limited Power of Attorney dated March 18, 2021, which was previously filed with the Securities and Exchange Commission.