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

Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2024

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, 2023	1,894,303	$	7.82	4.23	$	32
Cancelled/forfeited	(81,541)	$	12.10
Balance – March 31, 2024	1,812,762	$	7.63	4.08	$	27
Options vested and exercisable – March 31, 2024	1,603,102	$	6.15	3.72	$	27

The following table summarizes the activity for all RSUs under all of the Company’s equity incentive plans for the three months ended March 31, 2024:


	Number of shares	Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2023	4,712,855	$	4.16
Granted	1,319,536	$	1.68
Vested	(487,133)	$	5.24
Cancelled/forfeited	(281,201)	$	3.26
Balance – March 31, 2024	5,264,057	$	3.48