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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 3/17/22 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1835256 |
| Issuer Name: Duckhorn Portfolio, Inc. |
| Issuer Trading Symbol: NAPA |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1850174 |
| | Owner Name: Rasmuson Zach |
| Reporting Owner Address: |
| | Owner Street 1: 1201 DOWDELL LANE |
| | Owner Street 2: |
| | Owner City: SAINT HELENA |
| | Owner State: CA |
| | Owner ZIP Code: 94574 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: See Remarks |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/17/22 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,224 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 17.74 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 53,737 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 422,685 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By trust |
| Footnote ID: F2 |
| Footnotes: |
| Footnote - F1: This Form 4 is being filed to report the withholding of shares for payment of tax liability related to the vesting of previously-reported restricted stock units. |
| Footnote - F2: Shares held of record by Zach Rasmuson, trustee of the Rasmuson 2016 Family Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities on this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose. |
| Remarks: Executive Vice President, Chief Operating Officer. |
| Owner Signature: |
| Signature Name: /s/ Sean Sullivan, as Attorney-in-Fact |
| Signature Date: 9/23/22 |
