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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 12/15/23 |
| Issuer: |
| Issuer CIK: 1604868 |
| Issuer Name: GrowGeneration Corp. |
| Issuer Trading Symbol: GRWG |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1725233 |
| | Owner Name: Salaman Michael |
| Reporting Owner Address: |
| | Owner Street 1: 1330 WAVERLY ROAD |
| | Owner Street 2: |
| | Owner City: GLADWAYNE |
| | Owner State: PA |
| | Owner ZIP Code: 19035 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: President |
| | Other Text: |
| Aff 10b5 One? No |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 12/15/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 25,000 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| Footnote ID: F1 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,265,075 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 12/15/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 25,000 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| Footnote ID: F1 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,290,075 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 437,441 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: See Footnote |
| Footnote ID: F2 |
| Footnotes: |
| Footnote - F1: Pursuant to an employment agreement dated September 1, 2022, amended on June 15, 2023, the Reporting Person was granted 100,000 restricted stock units on January 1, 2023 and 100,000 restricted stock units on June 15, 2023. Starting from June 15, 2023, such 200,000 restricted stock units will vest in four equal installments of 50,000 restricted stock units on each June 15 and December 15 over a two-year period. |
| Footnote - F2: Includes: 387,441 shares of common stock owned by a spousal trust, of which the Reporting Person disclaims beneficial ownership; and 50,000 shares of common stock owned by a charitable fund, of which the Reporting Person is the trustee and holds voting and dispositive power over the shares. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/Michael Salaman |
| Signature Date: 12/27/23 |
