GrowGeneration Corp. — Director's Dealing 2021

Jan 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GrowGeneration Corp. (GRWG)
CIK: 0001604868
Period of Report: 2021-01-01

Reporting Person: Lampert Darren (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-01	Common Stock	A	100000	$39.09	Acquired	1063695	Direct
2021-01-01	Common Stock	F	40307	$39.09	Disposed	1023388	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-01	Stock Options	$4.10	A	100000	Acquired		Common Stock (100000)	Direct

Footnotes

F1: 100,000 shares issued pursuant to an Executive Employment Agreement dated March 23, 2020 by and between GrowGeneration Corp. (the "Company") and Darren Lampert (the "Employment Agreement").

F2: 40,307 shares withheld by the Company to satisfy the tax withholding obligation applicable to the shares of common stock described in footnote (1) above.

F3: 100,000 stock options issued pursuant to the Employment Agreement, vested January 1, 2021, in exchange for services rendered in the performance of employment.

F4: The stock options described in footnote (3) above vested January 1, 2021 and each option may be exercised at any time by Darren Lampert in exchange for one share of the Company's common stock.