David A. Glazer - Nov 14, 2022 Form 4 Insider Report for Grove Collaborative Holdings, Inc. (GROV)

Role
Director
Signature
/s/ Barbara Wallace, Attorney-in-Fact for David Glazer
Stock symbol
GROV
Transactions as of
Nov 14, 2022
Transactions value $
$0
Form type
4
Date filed
11/16/2022, 07:32 PM
Previous filing
Oct 31, 2022
Next filing
Nov 17, 2022

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 Conversion of derivative security $0 -157K -100% $0.00* 0 Nov 14, 2022 Class B Common Stock 157K Direct F1, F2, F3
transaction GROV Restricted Stock Units Conversion of derivative security $0 +157K $0.00 157K Nov 14, 2022 Class A Common Stock 157K Direct F1, F2, F3
* 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 RSUs vest 25% on November 15, 2022, and then in quarterly installments for the next 36 months. The RSUs have no expiration date.
F3 The Reporting Person elected to convert these RSUs from Class B Common Stock to Class A Common Stock.