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Silverman Jonathan

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122776
SEC CIK
0001930555

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
Grove Collaborative Holdings, Inc.GROV · Entity 135Senior VP, Physical GoodsOctober 27, 2022November 01, 2022

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

Grove Collaborative Holdings, Inc.

Report date October 27, 2022 · Filed November 01, 2022

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Stock Option (Right to Buy)SEC Table II · derivative / convertible security · Conversion / exercise price $1.92 · Expires 2030-01-14Direct0 Reported balance After 2022-10-27 transaction · row 1 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 1 · 2022-10-27 · Disposition to issuer · Disposed 58,802 · Balance 0

F1: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F2: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $1.92, received 1 RSU per each 1.20 options in the Exchange.

F3: This option was scheduled to vest 25% on January 1, 2021, and then quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

Stock Option (Right to Buy)SEC Table II · derivative / convertible security · Conversion / exercise price $3.77 · Expires 2031-02-14Direct0 Reported balance After 2022-10-27 transaction · row 3 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 3 · 2022-10-27 · Disposition to issuer · Disposed 135,244 · Balance 0

F1: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F6: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $3.77, received 1 RSU per each 1.45 options in the Exchange.

F7: This option was scheduled to vest quarterly for 48 months starting with the first quarter following January 1, 2021, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect49,002 Reported balance After 2022-10-27 transaction · row 2 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 2 · 2022-10-27 · Grant · Acquired 49,002 · Balance 49,002

F4: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F1: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F2: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $1.92, received 1 RSU per each 1.20 options in the Exchange.

F5: In accordance with the terms of the Tender Offer, (i) with respect to the 33,690 new RSUs exchanged for 40,427 options that were vested as of October 21, 2022, 50% vested immediately on October 27, 2022, and the remaining 50% will vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, and (ii) with respect to the remaining 15,312 new RSUs exchanged for 18,375 options that were unvested as of October 21, 2022, these will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2024 (the calendar quarter in which the option that was exchanged would have fully vested), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The RSUs have no expiration date.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect93,272 Reported balance After 2022-10-27 transaction · row 4 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 4 · 2022-10-27 · Grant · Acquired 93,272 · Balance 93,272

F4: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F1: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F6: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $3.77, received 1 RSU per each 1.45 options in the Exchange.

F8: In accordance with the terms of the Tender Offer, (i) with respect to the 40,809 new RSUs exchanged for 59,173 options that were vested as of October 21, 2022, 50% vested immediately on October 27, 2022, and the remaining 50% will vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, and (ii) with respect to the remaining 52,463 new RSUs exchanged for 76,071 options that were unvested as of October 21, 2022, these will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2025 (the calendar quarter in which the option that was exchanged would have fully vested), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The RSUs have no expiration date.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect118,662 Reported balance Holding disclosure · report date 2022-10-27 · row 5 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 5 · Balance 118,662

F4: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F9: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

Class B Common StockSEC Table II · derivative / convertible securityDirect77,145 Reported balance After 2022-10-27 transaction · row 6 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 6 · 2022-10-27 · Disposition to issuer · Disposed 17,366 · Balance 77,145

F11: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F1: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F10: Upon tender of each exchanged option in the Exchange, in accordance with the terms of the Tender Offer, the Reporting Person forfeited 17,366 Earnout Shares (defined herein) that were granted in connection with each exchanged option. An "Earnout Share" is a share of the Issuer's Class B Common Stock that was issued together with the option upon the closing of the Business Combination (as defined in footnote 12 below) in exchange for options to purchase shares of common stock of Grove Collaborative Inc., and that were scheduled to vest upon the achievement of certain Milestones (as defined in footnote 13 below) prior to the tenth anniversary of the closing of the Business Combination. Such forfeiture is exempt from Sections 16(a) and 16(b) pursuant to Rules 16a-4(d) and 16b-6(d), respectively, under the Securities Exchange Act of 1934, but is being reported herein for transparency and completeness.

F12: The "Business Combination" was the merger contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022 (the "Merger Agreement"), by and among Virgin Group Acquisition Corp. II ("VGAC II"), two wholly owned direct subsidiaries of VGAC II, and Grove Collaborative, Inc., which closed on June 16, 2022.

F13: The "Milestones" are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

F14: This amount consists entirely of 77,145 Earnout Shares, which are subject to the Milestones described in footnote 13 above.

F15: This amount reflects an additional 10,293 Earnout Shares that the Reporting Person received in connection with the redistribution of forfeited Earnout Shares, pursuant to the terms of the Merger Agreement, to other holders of Earnout Shares on a pro rata basis based upon the allocation of Earnout Shares as of the closing of the Business Combination. Such pro rata redistribution of Earnout Shares is exempt from Section 16 pursuant to Rule 16a-9 under the Securities Exchange Act of 1934.

Filing footnotes · ownership attribution and instrument terms

F1: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F2: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $1.92, received 1 RSU per each 1.20 options in the Exchange.

F3: This option was scheduled to vest 25% on January 1, 2021, and then quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

F4: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F5: In accordance with the terms of the Tender Offer, (i) with respect to the 33,690 new RSUs exchanged for 40,427 options that were vested as of October 21, 2022, 50% vested immediately on October 27, 2022, and the remaining 50% will vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, and (ii) with respect to the remaining 15,312 new RSUs exchanged for 18,375 options that were unvested as of October 21, 2022, these will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2024 (the calendar quarter in which the option that was exchanged would have fully vested), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The RSUs have no expiration date.

F6: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $3.77, received 1 RSU per each 1.45 options in the Exchange.

F7: This option was scheduled to vest quarterly for 48 months starting with the first quarter following January 1, 2021, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason.

F8: In accordance with the terms of the Tender Offer, (i) with respect to the 40,809 new RSUs exchanged for 59,173 options that were vested as of October 21, 2022, 50% vested immediately on October 27, 2022, and the remaining 50% will vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, and (ii) with respect to the remaining 52,463 new RSUs exchanged for 76,071 options that were unvested as of October 21, 2022, these will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2025 (the calendar quarter in which the option that was exchanged would have fully vested), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The RSUs have no expiration date.

F9: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F10: Upon tender of each exchanged option in the Exchange, in accordance with the terms of the Tender Offer, the Reporting Person forfeited 17,366 Earnout Shares (defined herein) that were granted in connection with each exchanged option. An "Earnout Share" is a share of the Issuer's Class B Common Stock that was issued together with the option upon the closing of the Business Combination (as defined in footnote 12 below) in exchange for options to purchase shares of common stock of Grove Collaborative Inc., and that were scheduled to vest upon the achievement of certain Milestones (as defined in footnote 13 below) prior to the tenth anniversary of the closing of the Business Combination. Such forfeiture is exempt from Sections 16(a) and 16(b) pursuant to Rules 16a-4(d) and 16b-6(d), respectively, under the Securities Exchange Act of 1934, but is being reported herein for transparency and completeness.

F11: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F12: The "Business Combination" was the merger contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022 (the "Merger Agreement"), by and among Virgin Group Acquisition Corp. II ("VGAC II"), two wholly owned direct subsidiaries of VGAC II, and Grove Collaborative, Inc., which closed on June 16, 2022.

F13: The "Milestones" are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

F14: This amount consists entirely of 77,145 Earnout Shares, which are subject to the Milestones described in footnote 13 above.

F15: This amount reflects an additional 10,293 Earnout Shares that the Reporting Person received in connection with the redistribution of forfeited Earnout Shares, pursuant to the terms of the Merger Agreement, to other holders of Earnout Shares on a pro rata basis based upon the allocation of Earnout Shares as of the closing of the Business Combination. Such pro rata redistribution of Earnout Shares is exempt from Section 16 pursuant to Rule 16a-9 under the Securities Exchange Act of 1934.

Transaction history

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Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
October 27, 2022 Filed Nov 1, 2022 00:30 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 Disposition to issuerClass B Common Stock · Derivative 17,366 Not disclosed Not disclosed
Disclosure

SEC source: 0001140361-22-039218 · form4.xml · derivative · entry 6

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,145

Underlying: Class A Common Stock · 17,366 shares

Expires not disclosed

F11 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F1 · kind: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F10 · kind: Upon tender of each exchanged option in the Exchange, in accordance with the terms of the Tender Offer, the Reporting Person forfeited 17,366 Earnout Shares (defined herein) that were granted in connection with each exchanged option. An "Earnout Share" is a share of the Issuer's Class B Common Stock that was issued together with the option upon the closing of the Business Combination (as defined in footnote 12 below) in exchange for options to purchase shares of common stock of Grove Collaborative Inc., and that were scheduled to vest upon the achievement of certain Milestones (as defined in footnote 13 below) prior to the tenth anniversary of the closing of the Business Combination. Such forfeiture is exempt from Sections 16(a) and 16(b) pursuant to Rules 16a-4(d) and 16b-6(d), respectively, under the Securities Exchange Act of 1934, but is being reported herein for transparency and completeness.

F12 · kind: The "Business Combination" was the merger contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022 (the "Merger Agreement"), by and among Virgin Group Acquisition Corp. II ("VGAC II"), two wholly owned direct subsidiaries of VGAC II, and Grove Collaborative, Inc., which closed on June 16, 2022.

F13 · kind: The "Milestones" are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

F1 · price: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F10 · price: Upon tender of each exchanged option in the Exchange, in accordance with the terms of the Tender Offer, the Reporting Person forfeited 17,366 Earnout Shares (defined herein) that were granted in connection with each exchanged option. An "Earnout Share" is a share of the Issuer's Class B Common Stock that was issued together with the option upon the closing of the Business Combination (as defined in footnote 12 below) in exchange for options to purchase shares of common stock of Grove Collaborative Inc., and that were scheduled to vest upon the achievement of certain Milestones (as defined in footnote 13 below) prior to the tenth anniversary of the closing of the Business Combination. Such forfeiture is exempt from Sections 16(a) and 16(b) pursuant to Rules 16a-4(d) and 16b-6(d), respectively, under the Securities Exchange Act of 1934, but is being reported herein for transparency and completeness.

F12 · price: The "Business Combination" was the merger contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022 (the "Merger Agreement"), by and among Virgin Group Acquisition Corp. II ("VGAC II"), two wholly owned direct subsidiaries of VGAC II, and Grove Collaborative, Inc., which closed on June 16, 2022.

F13 · price: The "Milestones" are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

F11 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F11 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F14 · balance_after: This amount consists entirely of 77,145 Earnout Shares, which are subject to the Milestones described in footnote 13 above.

F15 · balance_after: This amount reflects an additional 10,293 Earnout Shares that the Reporting Person received in connection with the redistribution of forfeited Earnout Shares, pursuant to the terms of the Merger Agreement, to other holders of Earnout Shares on a pro rata basis based upon the allocation of Earnout Shares as of the closing of the Business Combination. Such pro rata redistribution of Earnout Shares is exempt from Section 16 pursuant to Rule 16a-9 under the Securities Exchange Act of 1934.

Read SEC document
October 27, 2022 Filed Nov 1, 2022 00:30 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantRestricted Stock Units · Derivative 93,272 Not disclosed Not disclosed
Disclosure

SEC source: 0001140361-22-039218 · form4.xml · derivative · entry 4

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,272

Underlying: Class A Common Stock · 93,272 shares

Expires not disclosed

F4 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F1 · kind: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F6 · kind: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $3.77, received 1 RSU per each 1.45 options in the Exchange.

F1 · price: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F6 · price: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $3.77, received 1 RSU per each 1.45 options in the Exchange.

F8 · derivative.exercise_date: In accordance with the terms of the Tender Offer, (i) with respect to the 40,809 new RSUs exchanged for 59,173 options that were vested as of October 21, 2022, 50% vested immediately on October 27, 2022, and the remaining 50% will vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, and (ii) with respect to the remaining 52,463 new RSUs exchanged for 76,071 options that were unvested as of October 21, 2022, these will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2025 (the calendar quarter in which the option that was exchanged would have fully vested), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The RSUs have no expiration date.

F8 · derivative.expiration_date: In accordance with the terms of the Tender Offer, (i) with respect to the 40,809 new RSUs exchanged for 59,173 options that were vested as of October 21, 2022, 50% vested immediately on October 27, 2022, and the remaining 50% will vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, and (ii) with respect to the remaining 52,463 new RSUs exchanged for 76,071 options that were unvested as of October 21, 2022, these will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2025 (the calendar quarter in which the option that was exchanged would have fully vested), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The RSUs have no expiration date.

Read SEC document
October 27, 2022 Filed Nov 1, 2022 00:30 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 Disposition to issuerStock Option (Right to Buy) · Derivative 135,244 Not disclosed Strike: $3.77 Not disclosed
Disclosure

SEC source: 0001140361-22-039218 · form4.xml · derivative · entry 3

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 135,244 shares

Expires 2031-02-14

F1 · kind: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F6 · kind: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $3.77, received 1 RSU per each 1.45 options in the Exchange.

F1 · price: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F6 · price: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $3.77, received 1 RSU per each 1.45 options in the Exchange.

F7 · derivative.exercise_date: This option was scheduled to vest quarterly for 48 months starting with the first quarter following January 1, 2021, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason.

Read SEC document
October 27, 2022 Filed Nov 1, 2022 00:30 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantRestricted Stock Units · Derivative 49,002 Not disclosed Not disclosed
Disclosure

SEC source: 0001140361-22-039218 · form4.xml · derivative · entry 2

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,002

Underlying: Class A Common Stock · 49,002 shares

Expires not disclosed

F4 · derivative.exercise_price: Each RSU represents a contingent right to receive one share of Class A Common Stock.

F1 · kind: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F2 · kind: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $1.92, received 1 RSU per each 1.20 options in the Exchange.

F1 · price: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F2 · price: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $1.92, received 1 RSU per each 1.20 options in the Exchange.

F5 · derivative.exercise_date: In accordance with the terms of the Tender Offer, (i) with respect to the 33,690 new RSUs exchanged for 40,427 options that were vested as of October 21, 2022, 50% vested immediately on October 27, 2022, and the remaining 50% will vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, and (ii) with respect to the remaining 15,312 new RSUs exchanged for 18,375 options that were unvested as of October 21, 2022, these will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2024 (the calendar quarter in which the option that was exchanged would have fully vested), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The RSUs have no expiration date.

F5 · derivative.expiration_date: In accordance with the terms of the Tender Offer, (i) with respect to the 33,690 new RSUs exchanged for 40,427 options that were vested as of October 21, 2022, 50% vested immediately on October 27, 2022, and the remaining 50% will vest in two equal installments on each of February 15, 2023 and May 15, 2023, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date, and (ii) with respect to the remaining 15,312 new RSUs exchanged for 18,375 options that were unvested as of October 21, 2022, these will vest in equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2024 (the calendar quarter in which the option that was exchanged would have fully vested), subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. The RSUs have no expiration date.

Read SEC document
October 27, 2022 Filed Nov 1, 2022 00:30 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 Disposition to issuerStock Option (Right to Buy) · Derivative 58,802 Not disclosed Strike: $1.92 Not disclosed
Disclosure

SEC source: 0001140361-22-039218 · form4.xml · derivative · entry 1

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 58,802 shares

Expires 2030-01-14

F1 · kind: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F2 · kind: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $1.92, received 1 RSU per each 1.20 options in the Exchange.

F1 · price: On September 26, 2022, the Issuer made an offer (the "Tender Offer") to exchange certain eligible options for new restricted stock units ("RSUs"), each one of which represents the right to receive one share of the Issuer's Class A Common Stock, pursuant to a tender offer statement on Schedule TO filed with the Securities and Exchange Commission on September 26, 2022, and subject to approval by the Issuer's board of directors (the "Board"). The Tender Offer closed on October 21, 2022, and the Board approved the exchange of options for RSUs (the "Exchange") on October 27, 2022.

F2 · price: The Reporting Person elected to exchange this option and, in accordance with the terms of the Tender Offer and based on its exercise price of $1.92, received 1 RSU per each 1.20 options in the Exchange.

F3 · derivative.exercise_date: This option was scheduled to vest 25% on January 1, 2021, and then quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionRestricted Stock Units · Derivative 118,662 $0.00 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 21

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,662

Underlying: Class A Common Stock · 118,662 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F11 · derivative.exercise_price: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F11 · derivative.exercise_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F11 · derivative.expiration_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionRestricted Stock Units · Derivative 118,662 $0.00 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 20

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 118,662 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F11 · derivative.exercise_price: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F11 · derivative.exercise_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F11 · derivative.expiration_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantRestricted Stock Units · Derivative 118,662 $0.00 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 19

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,662

Underlying: Class B Common Stock · 118,662 shares

Expires not disclosed

F11 · derivative.exercise_price: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F11 · derivative.exercise_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F11 · derivative.expiration_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 135,244 $0.00 Strike: $3.77 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 18

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 135,244

Underlying: Class B Common Stock · 135,244 shares

Expires 2031-02-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F9 · derivative.exercise_date: This option vests quarterly for 48 months starting with the first quarter following January 1, 2021, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 135,244 $0.00 Strike: $3.77 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 17

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 135,244 shares

Expires 2031-02-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F9 · derivative.exercise_date: This option vests quarterly for 48 months starting with the first quarter following January 1, 2021, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantStock Option (Right to Buy) · Derivative 135,244 $0.00 Strike: $3.77 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 16

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 135,244

Underlying: Class B Common Stock · 135,244 shares

Expires 2031-02-14

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F9 · derivative.exercise_date: This option vests quarterly for 48 months starting with the first quarter following January 1, 2021, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 58,802 $0.00 Strike: $1.92 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 15

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,802

Underlying: Class B Common Stock · 58,802 shares

Expires 2030-01-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F8 · derivative.exercise_date: This option vested 25% on January 1, 2021, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 58,802 $0.00 Strike: $1.92 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 14

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 58,802 shares

Expires 2030-01-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F8 · derivative.exercise_date: This option vested 25% on January 1, 2021, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantStock Option (Right to Buy) · Derivative 58,802 $0.00 Strike: $1.92 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 13

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,802

Underlying: Class B Common Stock · 58,802 shares

Expires 2030-01-14

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F8 · derivative.exercise_date: This option vested 25% on January 1, 2021, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 182,286 $0.00 Strike: $0.76 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 12

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 182,286

Underlying: Class B Common Stock · 182,286 shares

Expires 2028-11-08

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F7 · derivative.exercise_date: This option vested 25% on November 9, 2019, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 182,286 $0.00 Strike: $0.76 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 11

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 182,286 shares

Expires 2028-11-08

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F7 · derivative.exercise_date: This option vested 25% on November 9, 2019, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantStock Option (Right to Buy) · Derivative 182,286 $0.00 Strike: $0.76 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 10

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 182,286

Underlying: Class B Common Stock · 182,286 shares

Expires 2028-11-08

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F7 · derivative.exercise_date: This option vested 25% on November 9, 2019, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 215,541 $0.00 Strike: $0.38 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 9

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 215,541

Underlying: Class B Common Stock · 215,541 shares

Expires 2027-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 215,541 $0.00 Strike: $0.38 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 8

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 215,541 shares

Expires 2027-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantStock Option (Right to Buy) · Derivative 215,541 $0.00 Strike: $0.38 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 7

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 215,541

Underlying: Class B Common Stock · 215,541 shares

Expires 2027-10-03

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 32,341 $0.00 Strike: $0.21 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 6

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,341

Underlying: Class B Common Stock · 32,341 shares

Expires 2027-01-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 32,341 $0.00 Strike: $0.21 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 5

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,341

Underlying: Class B Common Stock · 32,341 shares

Expires 2027-01-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantStock Option (Right to Buy) · Derivative 32,341 $0.00 Strike: $0.21 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 4

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,341

Underlying: Class B Common Stock · 32,341 shares

Expires 2027-01-03

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionClass B Common Stock · Derivative 198,163 $0.00 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 3

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,218

Underlying: Class A Common Stock · 198,163 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F3 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F3 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F4 · balance_after: This amount includes an additional 84,218 restricted shares of Class B Common Stock that the Reporting Person received in connection with the Business Combination that will vest upon the achievement of certain earnout thresholds ("Milestones") prior to the tenth anniversary of the closing of the Business Combination (the "Earnout Shares"). The Milestones are described in footnote 5 below.

F5 · balance_after: The Milestones are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantClass B Common Stock · Derivative 282,381 $0.00 $0.00
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · derivative · entry 2

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 282,381

Underlying: Class A Common Stock · 282,381 shares

Expires not disclosed

F3 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F4 · shares: This amount includes an additional 84,218 restricted shares of Class B Common Stock that the Reporting Person received in connection with the Business Combination that will vest upon the achievement of certain earnout thresholds ("Milestones") prior to the tenth anniversary of the closing of the Business Combination (the "Earnout Shares"). The Milestones are described in footnote 5 below.

F5 · shares: The Milestones are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

F3 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F3 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F4 · derivative.underlying_shares: This amount includes an additional 84,218 restricted shares of Class B Common Stock that the Reporting Person received in connection with the Business Combination that will vest upon the achievement of certain earnout thresholds ("Milestones") prior to the tenth anniversary of the closing of the Business Combination (the "Earnout Shares"). The Milestones are described in footnote 5 below.

F5 · derivative.underlying_shares: The Milestones are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

F4 · balance_after: This amount includes an additional 84,218 restricted shares of Class B Common Stock that the Reporting Person received in connection with the Business Combination that will vest upon the achievement of certain earnout thresholds ("Milestones") prior to the tenth anniversary of the closing of the Business Combination (the "Earnout Shares"). The Milestones are described in footnote 5 below.

F5 · balance_after: The Milestones are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

Read SEC document
June 16, 2022 Filed Jun 22, 2022 01:42 UTC Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionClass A Common Stock 198,163 Not disclosed Not disclosed
Disclosure

SEC source: 0001140361-22-023773 · form4.xml · nonDerivative · entry 1

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 198,163

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F3 · price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionRestricted Stock Units · Derivative 118,662 $0.00 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 21

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,662

Underlying: Class A Common Stock · 118,662 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F11 · derivative.exercise_price: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F11 · derivative.exercise_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F11 · derivative.expiration_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionRestricted Stock Units · Derivative 118,662 $0.00 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 20

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 118,662 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F11 · derivative.exercise_price: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F11 · derivative.exercise_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F11 · derivative.expiration_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantRestricted Stock Units · Derivative 118,662 $0.00 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 19

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 118,662

Underlying: Class B Common Stock · 118,662 shares

Expires not disclosed

F11 · derivative.exercise_price: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F11 · derivative.exercise_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

F11 · derivative.expiration_date: These RSUs vest in four quarterly installments starting on May 15, 2022, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The RSUs have no expiration date.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 135,244 $0.00 Strike: $3.77 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 18

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 135,244

Underlying: Class A Common Stock · 135,244 shares

Expires 2031-02-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F9 · derivative.exercise_date: This option vests quarterly for 48 months starting with the first quarter following January 1, 2021, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason.

F13 · derivative.underlying: The Original Form 4 inadvertently reported the title of the class of securities underlying these options as Class B Common Stock.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 135,244 $0.00 Strike: $3.77 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 17

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 135,244 shares

Expires 2031-02-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F9 · derivative.exercise_date: This option vests quarterly for 48 months starting with the first quarter following January 1, 2021, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantStock Option (Right to Buy) · Derivative 135,244 $0.00 Strike: $3.77 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 16

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 135,244

Underlying: Class B Common Stock · 135,244 shares

Expires 2031-02-14

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F9 · derivative.exercise_date: This option vests quarterly for 48 months starting with the first quarter following January 1, 2021, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 58,802 $0.00 Strike: $1.92 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 15

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,802

Underlying: Class A Common Stock · 58,802 shares

Expires 2030-01-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F8 · derivative.exercise_date: This option vested 25% on January 1, 2021, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

F13 · derivative.underlying: The Original Form 4 inadvertently reported the title of the class of securities underlying these options as Class B Common Stock.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 58,802 $0.00 Strike: $1.92 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 14

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 58,802 shares

Expires 2030-01-14

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F8 · derivative.exercise_date: This option vested 25% on January 1, 2021, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantStock Option (Right to Buy) · Derivative 58,802 $0.00 Strike: $1.92 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 13

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 58,802

Underlying: Class B Common Stock · 58,802 shares

Expires 2030-01-14

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F8 · derivative.exercise_date: This option vested 25% on January 1, 2021, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

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June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 182,286 $0.00 Strike: $0.76 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 12

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 182,286

Underlying: Class A Common Stock · 182,286 shares

Expires 2028-11-08

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F7 · derivative.exercise_date: This option vested 25% on November 9, 2019, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

F13 · derivative.underlying: The Original Form 4 inadvertently reported the title of the class of securities underlying these options as Class B Common Stock.

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June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 182,286 $0.00 Strike: $0.76 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 11

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 182,286 shares

Expires 2028-11-08

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F7 · derivative.exercise_date: This option vested 25% on November 9, 2019, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantStock Option (Right to Buy) · Derivative 182,286 $0.00 Strike: $0.76 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 10

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 182,286

Underlying: Class B Common Stock · 182,286 shares

Expires 2028-11-08

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F7 · derivative.exercise_date: This option vested 25% on November 9, 2019, and then vests quarterly for the next 36 months, subject to the Reporting Person's continuous service through each applicable vesting date, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or he resigns for good reason. The unvested portions of these options may be early exercised for restricted stock, subject to the Issuer's right of repurchase.

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June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 215,541 $0.00 Strike: $0.38 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 9

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 215,541

Underlying: Class A Common Stock · 215,541 shares

Expires 2027-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

F13 · derivative.underlying: The Original Form 4 inadvertently reported the title of the class of securities underlying these options as Class B Common Stock.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 215,541 $0.00 Strike: $0.38 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 8

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 215,541 shares

Expires 2027-10-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantStock Option (Right to Buy) · Derivative 215,541 $0.00 Strike: $0.38 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 7

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 215,541

Underlying: Class B Common Stock · 215,541 shares

Expires 2027-10-03

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 32,341 $0.00 Strike: $0.21 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 6

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,341

Underlying: Class A Common Stock · 32,341 shares

Expires 2027-01-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

F13 · derivative.underlying: The Original Form 4 inadvertently reported the title of the class of securities underlying these options as Class B Common Stock.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionStock Option (Right to Buy) · Derivative 32,341 $0.00 Strike: $0.21 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 5

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class B Common Stock · 32,341 shares

Expires 2027-01-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

F12 · balance_after: The Original Form 4 (as defined in the Remarks below) inadvertently reported that the Reporting Person continued to hold options to acquire 32,341 shares of Class B Common Stock following this transaction.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantStock Option (Right to Buy) · Derivative 32,341 $0.00 Strike: $0.21 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 4

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,341

Underlying: Class B Common Stock · 32,341 shares

Expires 2027-01-03

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F6 · derivative.exercise_date: This option is fully vested and is currently exercisable at any time.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionClass B Common Stock · Derivative 198,163 $0.00 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 3

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,218

Underlying: Class A Common Stock · 198,163 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F3 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F3 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F4 · balance_after: This amount includes an additional 84,218 restricted shares of Class B Common Stock that the Reporting Person received in connection with the Business Combination that will vest upon the achievement of certain earnout thresholds ("Milestones") prior to the tenth anniversary of the closing of the Business Combination (the "Earnout Shares"). The Milestones are described in footnote 5 below.

F5 · balance_after: The Milestones are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

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June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 GrantClass B Common Stock · Derivative 282,381 $0.00 $0.00
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · derivative · entry 2

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 282,381

Underlying: Class A Common Stock · 282,381 shares

Expires not disclosed

F3 · derivative.exercise_price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F1 · kind: These securities were issued upon closing of the mergers (the "Business Combination") contemplated by the Agreement and Plan of Merger, dated December 7, 2021, as amended and restated on March 31, 2022, (the "Merger Agreement") by and among Virgin Group Acquisition Corp. II, a Cayman Islands exempted company ("VGAC II"), Treehouse Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub I"), Treehouse Merger Sub II, LLC, a Delaware limited liability company and wholly owned direct subsidiary of VGAC II ("VGAC II Merger Sub II"), and Grove Collaborative, Inc., a Delaware public benefit corporation ("Grove"), in exchange for Grove securities.

F2 · kind: Upon closing of the Business Combination, VGAC II was renamed Grove Collaborative Holdings, Inc. (the "Issuer"), and each share of Grove common stock and preferred stock (on an as-converted-to-common-stock basis) and each restricted stock unit ("RSU"), option and warrant to acquire Grove common stock was converted into the right to receive a share of the Issuer's Class B common stock ("Class B Common Stock") and an RSU, option and warrant to acquire Class B Common Stock, respectively, based on an exchange ratio set forth in the Merger Agreement ("Exchange Ratio"), plus a number of Earnout Shares (defined in footnote 5 below) calculated pursuant to the terms of the Merger Agreement. The Exchange Ratio calculates to approximately 1.176 shares of Class B Common Stock per share of Grove common stock.

F4 · shares: This amount includes an additional 84,218 restricted shares of Class B Common Stock that the Reporting Person received in connection with the Business Combination that will vest upon the achievement of certain earnout thresholds ("Milestones") prior to the tenth anniversary of the closing of the Business Combination (the "Earnout Shares"). The Milestones are described in footnote 5 below.

F5 · shares: The Milestones are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

F3 · derivative.exercise_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F3 · derivative.expiration_date: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

F4 · derivative.underlying_shares: This amount includes an additional 84,218 restricted shares of Class B Common Stock that the Reporting Person received in connection with the Business Combination that will vest upon the achievement of certain earnout thresholds ("Milestones") prior to the tenth anniversary of the closing of the Business Combination (the "Earnout Shares"). The Milestones are described in footnote 5 below.

F5 · derivative.underlying_shares: The Milestones are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

F4 · balance_after: This amount includes an additional 84,218 restricted shares of Class B Common Stock that the Reporting Person received in connection with the Business Combination that will vest upon the achievement of certain earnout thresholds ("Milestones") prior to the tenth anniversary of the closing of the Business Combination (the "Earnout Shares"). The Milestones are described in footnote 5 below.

F5 · balance_after: The Milestones are defined in the Merger Agreement as follows: (i) 50% of the Earnout Shares automatically vest if the daily volume weighted average price ("VWAP") of the shares of Class A Common Stock is greater than or equal to $12.50 per share for any 20 trading days within any 30-trading-day period; and (ii) 50% of the Earnout Shares automatically vest if the daily VWAP of the shares of Class A Common Stock is greater than or equal to $15.00 per share for any 20 trading days within any 30-trading-day period, each subject to certain change-of-control provisions. In addition, any Earnout Shares issued in exchange for Grove RSUs or options are subject to the same vesting terms as the underlying RSUs and options and, if the underlying RSU or option is forfeited, the corresponding Earnout Shares will also be forfeited and distributed to the other holder of Grove securities as if immediately prior to the closing of the Business Combination on a pro rata basis.

Read SEC document
June 16, 2022 Filed Jul 1, 2022 21:21 UTC Amendment Grove Collaborative Holdings, Inc. GROV · Entity 135 ConversionClass A Common Stock 198,163 Not disclosed Not disclosed
Disclosure

SEC source: 0001140361-22-024839 · form4.xml · nonDerivative · entry 1

Silverman Jonathan · CIK 0001930555 · Senior VP, Physical Goods

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 198,163

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · kind: In connection with closing of the Business Combination, the Reporting Person elected to convert these securities from Class B Common Stock to Class A Common Stock.

F3 · price: Class B Common Stock is convertible into Class A Common Stock on a one-for-one basis at any time, and will be automatically converted into an equal number of Class A Common Stock upon any transfer.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.