Groupon Inc.

01/26/2022 | Press release | Distributed by Public on 01/26/2022 18:05

Amendment to Statement of Changes in Beneficial Ownership (Form 4/A)

Ownership Submission
FORM 4/A
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Deshpande Kedar
2. Issuer Name and Ticker or Trading Symbol
Groupon, Inc. [GRPN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
Chief Executive Officer /
(Last) (First) (Middle)
600 W. CHICAGO AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
CHICAGO IL 60654
4. If Amendment, Date Original Filed(Month/Day/Year)
2021-12-14
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Deshpande Kedar
600 W. CHICAGO AVENUE

CHICAGO, IL60654
X
Chief Executive Officer

Signatures

/s/ Erin G. Stone 2022-01-26
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each restricted stock unit represents a contingent right to receive one share of Common Stock.
(2) This amended Form 4 is being filed to correct the December 10, 2021 grant amount to reflect an award of 375,000 restricted stock units. The previously reported amount of 738,585 restricted stock units exceeded a calendar year limit imposed by the Groupon, Inc. 2011 Incentive Plan, as amended, by 363,585 restricted stock units. The grant of such excess restricted stock units was null and void. The grant of 375,000 restricted stock units on December 10, 2021 (the "2021 Award") is reported on this amended Form 4. A second grant of 363,585 restricted stock units to the Reporting Person was made on January 24, 2022 (the "2022 Award") and is reported on a separate Form 4. The 2022 Award will vest on the same terms as the 2021 Award set forth in Footnote 3 below.
(3) 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.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.