Sean Sullivan - Mar 16, 2023 Form 4 Insider Report for Duckhorn Portfolio, Inc. (NAPA)

Role
Executive Vice President, Chief Strategy and Legal Officer.
Signature
/s/ Sean Sullivan as attorney-in-fact
Stock symbol
NAPA
Transactions as of
Mar 16, 2023
Transactions value $
-$841,210
Form type
4
Date filed
3/20/2023, 06:20 PM
Previous filing
Dec 27, 2022
Next filing
Sep 21, 2023
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 -$372K -23.9K -12.88% $15.56 162K Mar 16, 2023 Direct F1
transaction NAPA Common Stock Sale -$403K -26.1K -16.13% $15.46 136K Mar 17, 2023 Direct F2
transaction NAPA Common Stock Tax liability -$65.9K -4.27K -3.15% $15.43 131K Mar 17, 2023 Direct F3
holding NAPA Common Stock 483 Mar 16, 2023 ESPP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.45 to $15.74. 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.32 to $15.65. 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 Reflects the withholding of shares for payment of tax liability related to the vesting of previously-reported restricted stock units.

Remarks:

Executive Vice President, Chief Strategy and Legal Officer.