Dane Drobny - Feb 20, 2022 Form 4 Insider Report for Groupon, Inc. (GRPN)

Signature
/s/ Erin G. Stone, by Power of Attorney
Stock symbol
GRPN
Transactions as of
Feb 20, 2022
Transactions value $
-$73,644
Form type
4
Date filed
3/3/2022, 04:09 PM
Previous filing
Jan 4, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRPN Common Stock Options Exercise $0 +8.29K +8.33% $0.00 108K Feb 20, 2022 Direct F1
transaction GRPN Common Stock Tax liability -$73.6K -3.67K -3.41% $20.05 104K Mar 1, 2022 Direct F1, 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 GRPN Restricted Stock Units Options Exercise $0 -8.29K -6.25% $0.00 124K Feb 20, 2022 Common Stock 8.29K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 After February 20, 2022 RSU vesting date, distribution of shares of Common Stock occurred on March 1, 2022 following administrative processing of the grant and vesting event.
F2 Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units. This is not an open market sale of securities.
F3 Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F4 The restricted stock units reported on this line will vest 1/16 quarterly on the 20th day of the second month of each calendar quarter from February 20, 2022 through November 20, 2023, and 1/8 quarterly on the 20th day of the second month of each calendar quarter from February 20, 2024 through November 20, 2024, subject to Mr. Drobny's continued employment with the Company through each vesting date.