4//SEC Filing
Arif Rayhan 4
Accession 0001140361-22-023765
CIK 0001841761other
Filed
Jun 20, 8:00 PM ET
Accepted
Jun 21, 9:39 PM ET
Size
14.6 KB
Accession
0001140361-22-023765
Insider Transaction Report
Form 4
Arif Rayhan
Chief Operating Officer
Transactions
- Other
Class A Shares in Virgin Group Acquisition Holdings II LLC
2022-06-16+5,000→ 5,000 total→ Class A Common Stock (73,314 underlying) - Other
Class A Shares in Virgin Group Acquisition Holdings II LLC
2022-06-16−5,000→ 0 total→ Class B Common Stock (73,314 underlying)
Footnotes (3)
- [F1]The Reporting Person owns Class A Shares in Virgin Group Acquisition Holdings II LLC, a Delaware limited liability company ("Holdings"). Holdings holds an economic interest in Virgin Group Acquisition Sponsor II LLC, a Cayman Islands limited liability company (the "Sponsor"). The Class A Shares in Holdings represent an indirect economic entitlement to the proceeds attributable to holdings of the Sponsor, including holdings of the Issuer. The Class A Shares in Holdings have no expiration date.
- [F2]In connection with 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"), VGAC II became a Delaware corporation and was renamed Grove Collaborative Holdings, Inc. Upon closing of the Business Combination, each Class B ordinary share of VGAC II was converted into one share of Class A Common Stock of Grove Collaborative Holdings, Inc.
- [F3]This Form 4 is being filed to reflect that, upon closing of the Business Combination, the shares held directly by the Sponsor, in which the Reporting Person has an indirect economic interest through Holdings, converted from Class B Shares of VGAC II to Class A Common Stock of Grove Collaborative Holdings, Inc. There was no change in the number of Class A Shares of Holdings held by the Reporting Person, and no consideration was paid by the Reporting Person or Holdings in connection with this conversion.
Documents
Issuer
Grove Collaborative Holdings, Inc.
CIK 0001841761
Entity typeother
Related Parties
1- filerCIK 0001846192
Filing Metadata
- Form type
- 4
- Filed
- Jun 20, 8:00 PM ET
- Accepted
- Jun 21, 9:39 PM ET
- Size
- 14.6 KB