Grove Collaborative, Inc. Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2023

Stock option activity under the Company’s incentive plan is as follows (in thousands, except share and per share amounts):


	Options Outstanding
	Number of Options	Weighted–Average Exercise Price		Weighted-Average Remaining Contractual Life (years)	Aggregate Intrinsic Value
Balance – December 31, 2022	2,104,007	$	7.95	4.87	$	61
Exercised	(37,334)	$	1.90
Cancelled/forfeited	(47,518)	$	13.15
Balance – June 30, 2023	2,019,155	$	7.95	4.51	32
Options vested and exercisable – June 30, 2023	1,799,258	$	6.63	4.13	$	32

The following table summarizes the activity for all RSU’s under all of the Company’s equity incentive plans for the six months ended June 30, 2023:


	Number of shares	Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2022	3,896,597	$	8.78
Granted	2,884,773	$	2.17
Vested	(1,467,392)	$	8.24
Cancelled/forfeited	(508,716)	$	8.08
Balance – June 30, 2023	4,805,262	$	5.05