Gray Lindsay E. 4
4 · Grocery Outlet Holding Corp. · Filed Mar 4, 2024
Insider Transaction Report
Form 4
Gray Lindsay E.
SVP, Accounting
Transactions
- Award
Common Stock
2024-02-29+4,656→ 33,762 total - Award
Common Stock
2024-02-29+8,015→ 41,777 total
Footnotes (2)
- [F1]Represents fully vested shares of the Issuer's Common Stock acquired by the reporting person upon certification by the Issuer's Compensation Committee that certain performance-based vesting conditions had been satisfied with respect to performance stock units ("PSUs") granted to the reporting person on March 4, 2021.
- [F2]Represents 8,015 restricted stock units ("RSUs") granted to the reporting person that will entitle the reporting person to receive one share of the Issuer's Common Stock per RSU. The RSUs will vest, and the underlying shares will be concurrently issued in a series of three equal installments upon the reporting person's completion of each 12 month period of service over the period measured from March 1, 2024 to March 1, 2027, subject to the continued service of the reporting person through such vesting dates. Does not include up to an additional 12,023 unvested PSUs at target achievement (or up to an additional 24,046 unvested PSUs at maximum achievement) which are eligible to vest upon the achievement of certain performance-based vesting conditions.