February 28, 2025 · Form 4 insider transaction
Potter Jason J. N. bought 250,000 shares of Grocery Outlet Holding Corp. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Represents stock options granted on February 28, 2025. One-third of the options vest on the third anniversary of the grant date, subject to the reporting person's continued service through such vesting date. The remaining two-thirds of the options are subject to achievement of stock price targets prior to the third anniversary of the grant date, with one-third vesting upon achievement of a stock price equal to 125% of the exercise price and an additional one-third vesting upon achievement of a stock price equal to 150% of the exercise price; provided, however, that such vested options shall not become exercisable until the third anniversary of the grant date, subject to continued employment.