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

Role
Chief Admin Officer, GC & Sec
Signature
/s/ Dane Drobny
Stock symbol
GRPN
Transactions as of
Nov 20, 2022
Transactions value $
-$30,302
Form type
4
Date filed
11/22/2022, 04:56 PM
Previous filing
Aug 23, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRPN Common Stock Options Exercise $0 +8.29K +6.56% $0.00 135K Nov 20, 2022 Direct
transaction GRPN Common Stock Tax liability -$30.3K -3.67K -2.73% $8.25 131K Nov 20, 2022 Direct F1

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 -7.69% $0.00 99.5K Nov 20, 2022 Common Stock 8.29K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F3 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.