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

Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 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
Exercised	(6,762)	$	1.02
Cancelled/forfeited	(175,520)	$	12.49
Balance – June 30, 2024	1,712,021	$	7.37	4.06	$	27
Options vested and exercisable – June 30, 2024	1,504,230	$	5.78	3.48	$	27

The following table summarizes the activity for all RSUs under all of the Company’s equity incentive plans for the six months ended June 30, 2024:


	Number of shares	Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2023	4,712,855	$	4.16
Granted	2,460,954	$	1.64
Vested	(1,335,548)	$	4.12
Cancelled/forfeited	(706,150)	$	2.94
Balance – June 30, 2024	5,132,111	$	3.13