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Groupon, Inc. — Director's Dealing 2022
Jan 27, 2022
32275_dirs_2022-01-26_7e192683-d55c-48d3-bf4e-9c54724c6b23.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Groupon, Inc. (GRPN)
CIK: 0001490281
Period of Report: 2022-01-24
Reporting Person: Deshpande Kedar (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-24 | Restricted Stock Units | $ | A | 363585 | Acquired | Common Stock (363585.0) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F2: This Form 4 reports an award of 363,585 restricted stock units, which is the second of two restricted stock unit awards to the Reporting Person. The first award granted on December 10, 2021 was for 375,000 restricted stock units, which has been separately reported. These awards totaling 738,585 restricted stock units were granted in two installments because of a calendar year limit imposed by the Groupon, Inc. 2011 Incentive Plan, as amended. Both awards have the same vesting terms set forth in Footnote 3 below.
F3: The restricted stock units reported on this line will vest quarterly in twelve substantially equal installments, beginning on March 10, 2022, in each case subject to Mr. Deshpande's continued employment with the Company through each vesting date.